Why Trex Company (TREX) Is Getting Attention Again

Trex Company (TREX) is back in focus after management flagged that customers have been postponing outdoor projects. This has contributed to a 1.7% revenue decline over the last two years and has raised fresh questions about capital efficiency. Trex Company’s share price has pulled back, with the 90 day share price return down 11.19% and the 1 year total shareholder return down 13.52%. However, the year to date share price return is up 24.03%, which suggests positive momentum has recently...