Somewhat Favorable News Coverage Somewhat Unlikely to Impact Gencor Industries, Inc. (DE) (GENC) Share Price

Media stories about Gencor Industries, Inc. (DE) (NASDAQ:GENC) have been trending somewhat positive on Saturday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Gencor Industries, Inc. (DE) earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 44.3007431730714 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

GENC stock traded down $0.45 during midday trading on Friday, reaching $15.90. The company’s stock had a trading volume of 15,437 shares, compared to its average volume of 20,170. The stock has a market cap of $236.57, a PE ratio of 24.84 and a beta of 0.68. Gencor Industries, Inc. has a fifty-two week low of $14.00 and a fifty-two week high of $18.45.

How to Become a New Pot Stock Millionaire

Gencor Industries, Inc. (DE) (NASDAQ:GENC) last posted its quarterly earnings data on Friday, February 2nd. The industrial products company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $23.12 million during the quarter. Gencor Industries, Inc. (DE) had a return on equity of 7.30% and a net margin of 10.65%.

In other news, CFO Eric E. Mellen sold 9,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 8th. The stock was sold at an average price of $16.80, for a total value of $159,600.00. Following the completion of the sale, the chief financial officer now directly owns 5,500 shares of the company’s stock, valued at approximately $92,400. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Eric E. Mellen sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $17.01, for a total value of $68,040.00. The disclosure for this sale can be found here. Insiders sold a total of 23,259 shares of company stock valued at $393,934 over the last ninety days. Corporate insiders own 31.82% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Somewhat Favorable News Coverage Somewhat Unlikely to Impact Gencor Industries, Inc. (DE) (GENC) Share Price” was originally published by Ticker Report and is owned by of Ticker Report. If you are reading this article on another site, it was copied illegally and republished in violation of US and international copyright & trademark laws. The correct version of this article can be read at https://www.tickerreport.com/banking-finance/3296413/somewhat-favorable-news-coverage-somewhat-unlikely-to-impact-gencor-industries-inc-de-genc-share-price.html.

About Gencor Industries, Inc. (DE)

Gencor Industries, Inc is a manufacturer of heavy machinery used in the production of highway construction materials, synthetic fuels and environmental control equipment. The Company designs, manufactures and sells machinery and related equipment used primarily for the production of asphalt and highway construction materials.

Insider Buying and Selling by Quarter for Gencor Industries, Inc. (DE) (NASDAQ:GENC)

Receive News & Ratings for Gencor Industries Inc. (DE) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gencor Industries Inc. (DE) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

PTC’s  “In-Line” Rating Reaffirmed at Robert W. Baird
PTC’s “In-Line” Rating Reaffirmed at Robert W. Baird
Procter & Gamble  Sets New 52-Week High and Low After Strong Earnings
Procter & Gamble Sets New 52-Week High and Low After Strong Earnings
Brooks Automation  Insider Sells $112,000.00 in Stock
Brooks Automation Insider Sells $112,000.00 in Stock
Scott C. Morrison Sells 2,225 Shares of Ball Co.  Stock
Scott C. Morrison Sells 2,225 Shares of Ball Co. Stock
Zacks Investment Research Upgrades SkyWest  to “Buy”
Zacks Investment Research Upgrades SkyWest to “Buy”
Regeneron  Downgraded to Sell at BidaskClub
Regeneron Downgraded to Sell at BidaskClub


© 2006-2018 Ticker Report. Google+.