Trex traded at $48.69 this Wednesday July 1st, decreasing $1.35 or 2.70 percent since the previous trading session. Looking back, over the last four weeks, Trex lost 17.07 percent. Over the last 12 months, its price fell by 17.88 percent. Looking ahead, we forecast Trex to be priced at 48.69 by the end of this quarter and at 45.71 in one year, according to Trading Economics global macro models projections and analysts expectations.
Trex Company, Inc. is a manufacturer of decking and railing products in the United States. The Company's segments include Trex Residential Products (Trex Residential) and Trex Commercial Products (Trex Commercial). Trex Residential is a manufacturer of wood-alternative composite decking and railing products. Trex Commercial is a provider of custom-engineered railing and staging systems. Trex Commercial designs and engineers custom railing solutions, which are prevalent in professional and collegiate sports facilities, standardized architectural and aluminum railing systems. The Company offers a range of products, such as Trex Outdoor Furniture, Trex RainEscape, Trex Pergola, Trex Latticeworks, Trex Cornhole Boards, Diablo Trex Blade, Trex SpiralStairs and Structural Steel Posts, and Trex Outdoor Fire & Water.