StockNews.com downgraded shares of Gencor Industries (NASDAQ:GENC – Free Report) from a strong-buy rating to a buy rating in a research note issued to investors on Sunday.
Gencor Industries Stock Down 0.2 %
GENC stock opened at $18.53 on Friday. The business has a fifty day moving average price of $19.05 and a 200 day moving average price of $17.31. Gencor Industries has a fifty-two week low of $13.50 and a fifty-two week high of $20.45.
Gencor Industries (NASDAQ:GENC – Get Free Report) last posted its quarterly earnings data on Friday, May 10th. The company reported $0.42 EPS for the quarter. The company had revenue of $40.68 million for the quarter. Gencor Industries had a return on equity of 9.14% and a net margin of 14.61%.
Hedge Funds 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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