Gencor Industries (NASDAQ:GENC – Get Free Report) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Wednesday.
Gencor Industries Stock Performance
Shares of NASDAQ:GENC opened at $18.94 on Wednesday. The business’s fifty day moving average price is $20.21 and its two-hundred day moving average price is $18.62. The stock has a market cap of $277.66 million, a PE ratio of 16.63 and a beta of 0.43. Gencor Industries has a one year low of $13.50 and a one year high of $24.88.
Gencor Industries (NASDAQ:GENC – Get Free Report) last posted 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 Investors Weigh In On 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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