StockNews.com upgraded shares of Gencor Industries (NASDAQ:GENC – Free Report) from a buy rating to a strong-buy rating in a report issued on Saturday.
Gencor Industries Trading Down 3.2 %
Shares of NASDAQ GENC opened at $18.72 on Friday. Gencor Industries has a 1 year low of $13.50 and a 1 year high of $20.45. The company’s 50-day moving average is $18.88 and its 200 day moving average is $17.23.
Gencor Industries (NASDAQ:GENC – Get Free Report) last announced its quarterly earnings data on Friday, May 10th. The company reported $0.42 earnings per share for the quarter. The business had revenue of $40.68 million for the quarter. Gencor Industries had a net margin of 14.61% and a return on equity of 9.14%.
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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