Gencor Industries Inc. (NASDAQ:GENC) CFO Eric E. Mellen sold 9,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 14th. The stock was sold at an average price of $16.72, for a total transaction of $150,480.00. Following the completion of the transaction, the chief financial officer now directly owns 26,000 shares of the company’s stock, valued at $434,720. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Shares of Gencor Industries Inc. (NASDAQ GENC) traded down 0.61% on Monday, reaching $16.20. 24,715 shares of the company’s stock traded hands. The firm’s 50-day moving average is $16.06 and its 200-day moving average is $15.46. Gencor Industries Inc. has a 52-week low of $9.52 and a 52-week high of $17.20. The stock has a market cap of $233.18 million, a price-to-earnings ratio of 27.46 and a beta of 0.62.

Gencor Industries (NASDAQ:GENC) last announced its earnings results on Friday, May 5th. The industrial products company reported $0.23 earnings per share for the quarter. Gencor Industries had a return on equity of 7.11% and a net margin of 11.82%. The firm had revenue of $22.53 million during the quarter. Analysts anticipate that Gencor Industries Inc. will post $0.34 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Gencor Industries Inc. (GENC) CFO Sells $150,480.00 in Stock” was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece of content on another website, it was copied illegally and republished in violation of United States and international trademark and copyright law. The original version of this piece of content can be read at

Gencor Industries Company Profile

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 (NASDAQ:GENC)

Receive News & Stock Ratings for Gencor Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gencor Industries Inc. and related stocks with our FREE daily email newsletter.