TREX Crosses Above Key Moving Average Level

In trading on Thursday, shares of Trex Co Inc (Symbol: TREX) crossed above their 200 day moving average of $65.04, changing hands as high as $67.30 per share. Trex Co Inc shares are currently trading up about 3% on the day. The chart below shows the one year performance of TREX shares, versus its 200 day moving average: Trex Co Inc 200 Day Moving Average Chart

Looking at the chart above, TREX’s low point in its 52 week range is $39.74 per share, with $78.16 as the 52 week high point – that compares with a last trade of $66.15.

According to the ETF Finder at ETF Channel, TREX makes up 2.68% of the PowerShares Dynamic Building Construction Portfolio ETF (Symbol: PKB) which is trading higher by about 1.2% on the day Thursday.

Click here to find out which 9 other stocks recently crossed above their 200 day moving average ยป

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