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Gencor Industries, Inc. (DE) (NASDAQ:GENC) major shareholder Sherry Houtkin sold 344 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $10.20, for a total value of $3,508.80. Following the completion of the sale, the insider now directly owns 1,711,919 shares in the company, valued at approximately $17,461,574. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Gencor Industries, Inc. (NASDAQ:GENC) traded down 0.20% on Wednesday, hitting $10.15. The stock had a trading volume of 8,403 shares. Gencor Industries, Inc. has a 52-week low of $7.75 and a 52-week high of $11.62. The stock’s 50-day moving average is $10.65 and its 200-day moving average is $10.54. The company has a market cap of $96.6 million and a P/E ratio of 15.50.

Gencor Industries, Inc. (DE) (NASDAQ:GENC) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.17 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.14 by $0.03. Analysts expect that Gencor Industries, Inc. will post $0.47 EPS for the current fiscal year.

Gencor Industries, Inc (NASDAQ:GENC) with its subsidiaries is a manufacturer of heavy machinery used in the production of highway construction materials, synthetic fuels, and environmental control equipment.

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