StockNews.com upgraded shares of Gencor Industries (NASDAQ:GENC – Free Report) from a hold rating to a buy rating in a report published on Tuesday.
Gencor Industries Stock Performance
Gencor Industries stock opened at $20.31 on Tuesday. Gencor Industries has a 52 week low of $13.50 and a 52 week high of $24.88. The firm has a market cap of $297.74 million, a P/E ratio of 17.66 and a beta of 0.43. The business’s fifty day moving average is $20.01 and its two-hundred day moving average is $18.40.
Gencor Industries (NASDAQ:GENC – Get Free Report) last issued its quarterly earnings results on Friday, August 9th. The company reported $0.17 earnings per share (EPS) for the quarter. The business had revenue of $25.55 million for the quarter. Gencor Industries had a net margin of 14.61% and a return on equity of 9.14%.
Institutional Trading of Gencor Industries
Gencor Industries Company Profile
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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