Thursday May 17 | Forbes.com
Trex Stock Crowded With Sellers
In trading on Thursday, shares of Trex Co., Inc. entered into oversold territory, changing hands as low as $27.5975 per share.
Trex, a manufacturer of composite decking and railing products, reported net sales for the first quarter of 2012 of $96.1 million, a 39% increase over net sales of $69.0 million for the same period in 2011.
Trex handily beats Street with $12M 1Q profit
WINCHESTER, Va. — Exterior building material maker Trex Company Inc. said Monday that its first-quarter profit more than doubled from a year ago as more people bought its products and it kept its selling prices constant.
Diablo and Trex to offer co-branded saw blade
Trex Company has entered into a licensing agreement with Freud America to introduce the first saw blade specifically designed for cutting composite decking materials.