Somewhat Positive Press Coverage Somewhat Unlikely to Affect Gencor Industries (GENC) Share Price

Media stories about Gencor Industries (NASDAQ:GENC) have trended somewhat positive on Sunday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Gencor Industries earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 48.2214555974931 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of Gencor Industries stock traded down $0.10 during trading hours on Friday, reaching $15.55. The company’s stock had a trading volume of 4,500 shares, compared to its average volume of 18,140. Gencor Industries has a one year low of $14.95 and a one year high of $18.45. The company has a market cap of $220.65 million, a P/E ratio of 22.76 and a beta of 0.72.

In other news, insider Jeanne M. Lyons sold 1,500 shares of the firm’s stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $17.20, for a total value of $25,800.00. Following the transaction, the insider now directly owns 500 shares in the company, valued at approximately $8,600. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Sherry Houtkin sold 1,480 shares of the firm’s stock in a transaction dated Tuesday, March 13th. The stock was sold at an average price of $17.00, for a total transaction of $25,160.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 23,562 shares of company stock worth $399,016. Insiders own 31.82% of the company’s stock.

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. The company 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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