Shares of Gentex touched an all-time high after the company said it would unveil its new rear vision and automotive biometric technologies at the Consumer Electronics Show to be held January 5-9 in Las Vegas.
The company’s three-camera rear vision system streams rear video in multiple composite views to a rearview integrated display, while the biometric system authenticates the driver’s face in a mirror, then starts and personalizes the car’s settings based on the driver’s preferences.
The company will also unveil the upgrade to its Homelink wireless control system that utilizes wireless cloud-based connectivity to deliver vehicle-to-home automation. GNTX was last trading at $20.25 with a new 52-week range of $12.93 to $20.40.
By Fred Canto