StockNews.com assumed coverage on shares of Gencor Industries (NASDAQ:GENC – Get Rating) in a research note published on Thursday morning. The firm issued a hold rating on the stock.
Gencor Industries Trading Up 2.3 %
Shares of GENC traded up $0.33 during midday trading on Thursday, hitting $14.52. 124,974 shares of the company's stock traded hands, compared to its average volume of 35,853. Gencor Industries has a 1 year low of $8.38 and a 1 year high of $15.30. The firm has a market cap of $212.86 million, a PE ratio of 63.13 and a beta of 0.49.
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Gencor Industries, Inc engages in the designing, manufacturing and sales of heavy machinery and related equipment used in the production of highway construction materials, synthetic fuels and environmental control equipment. Its products include asphalt plants, combustion systems and industrial incinerators, fluid heat transfer systems and asphalt pavers.
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