Window firm's shares reach new heights

VENICE — Shares of impact-resistant window and door manufacturer PGT Inc. are on a tear.

The stock reached 52-week highs April 23 at $11.76 a share and April 27 at $11.86 a share. The shares, traded on the Nasdaq under the symbol PGTI, closed yesterday at $11.73. PGT's shares have moved up slowly, starting the year in the $8-$9 range. The stock has since closed at $10 or more a share everyday since Feb. 26.

Venice-based PGT now has a market cap of $553.64 million. The firm, which recently embarked on the largest product launch in its 35-year history, had $306.4 million in sales in 2014, up 28% from $239.3 million in 2013. The company has about 1,700 employees and recently opened a 96,000-square-foot state-of-the-art glass plant.