StockNews.com lowered shares of Gencor Industries (NASDAQ:GENC – Free Report) from a buy rating to a hold rating in a research report report published on Wednesday morning.
Gencor Industries Price Performance
Gencor Industries stock opened at $18.56 on Wednesday. The company’s 50 day simple moving average is $20.22 and its 200 day simple moving average is $18.62. The firm has a market capitalization of $272.09 million, a price-to-earnings ratio of 16.14 and a beta of 0.40. Gencor Industries has a fifty-two week low of $13.50 and a fifty-two week high of $24.88.
Gencor Industries (NASDAQ:GENC – Get Free Report) last issued its quarterly earnings data on Friday, August 9th. The company reported $0.17 EPS for the quarter. Gencor Industries had a return on equity of 8.60% and a net margin of 14.33%. The business had revenue of $25.55 million for the quarter.
Institutional Trading of Gencor Industries
About Gencor Industries
Gencor Industries, Inc, together with its subsidiaries, designs, manufactures, and sells heavy machinery used in the production of highway construction materials and environmental control equipment. It offers hot-mix asphalt plants to produce asphalt paving materials; related asphalt plant equipment, including hot-mix storage silos, fabric filtration systems, cold feed bins, and other plant components; and a range of mobile batch plants.
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