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Gencor Industries, Inc. (DE) (NASDAQ:GENC) major shareholder Sherry Houtkin sold 5,000 shares of Gencor Industries, Inc. (DE) stock on the open market in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $10.18, for a total transaction of $50,900.00. Following the transaction, the insider now directly owns 1,706,919 shares in the company, valued at approximately $17,376,435. The sale was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Shares of Gencor Industries, Inc. (NASDAQ:GENC) traded up 0.89% on Tuesday, hitting $10.19. The stock had a trading volume of 32,164 shares. Gencor Industries, Inc. has a one year low of $7.80 and a one year high of $11.62. The stock has a 50-day moving average of $10.59 and a 200-day moving average of $10.5. The company has a market cap of $97.0 million and a P/E ratio of 15.40.

Gencor Industries, Inc. (DE) (NASDAQ:GENC) last issued its quarterly earnings data 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. On average, analysts predict that Gencor Industries, Inc. will post $0.47 earnings per share 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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