Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Gencor Industries Inc before investing.

In this article, we go over a few key elements for understanding Gencor Industries Inc’s stock price such as:

• Gencor Industries Inc’s current stock price and volume
• Why Gencor Industries Inc’s stock price changed recently
• Upgrades and downgrades for GENC from analysts
• GENC’s stock price momentum as measured by its relative strength

About Gencor Industries Inc (GENC)

Before we jump into Gencor Industries Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Gencor Industries, Inc. is a diversified heavy machinery manufacturer for the production of highway construction materials and equipment and environmental control machinery and equipment used in a variety of applications. The Company's products include asphalt pavers, hot mix asphalt plants, combustion systems and fluid heat transfer systems. The Company also manufactures related asphalt plant equipment, including hot-mix storage silos, fabric filtration systems, cold feed bins and other plant components. Its Hetherington and Berner (H&B;) product line is an asphalt plant line. It manufactures combustion systems, which are large burners that can transform solid, liquid or gaseous fuels into usable energy, or burn multiple fuels, alternately or simultaneously. The Company manufactures asphalt pavers under the Blaw-Knox brand. It manufactures the Hy-Way Heat and Beverley lines of thermal fluid heat transfer systems and specialty storage tanks for various industry uses.

Want to learn more about Gencor Industries Inc’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Gencor Industries Inc.

Gencor Industries Inc’s Stock Price as of Market Close

As of September 13, 2024, 4:00 PM, CST, Gencor Industries Inc’s stock price was $19.87.

Gencor Industries Inc is up 4.41% from its previous closing price of $19.03.

During the last market session, Gencor Industries Inc’s stock traded between $18.88 and $19.29. Currently, there are 14.66 million shares of Gencor Industries Inc stock available for purchase.

Gencor Industries Inc’s price-earnings (P/E) ratio is currently at 17.2, which is high compared to the Heavy Machinery & Vehicles industry median of 13.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Gencor Industries Inc Stock Price History

Gencor Industries Inc’s (GENC) price is currently down 1.49% so far this month.

During the month of September, Gencor Industries Inc’s stock price has reached a high of $20.09 and a low of $18.45.

Over the last year, Gencor Industries Inc has hit prices as high as $24.88 and as low as $13.50. Year to date, Gencor Industries Inc’s stock is up 96.73%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Gencor Industries Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 12, 2024, there were analysts who downgraded Gencor Industries Inc’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Gencor Industries Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Gencor Industries Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Gencor Industries Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Gencor Industries Inc (GENC) by visiting AAII Stock Evaluator.

Relative Price Strength of Gencor Industries Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 12, 2024, Gencor Industries Inc has a weighted four-quarter relative price strength of 1.27%, which translates to a Momentum Score of 68 and is considered to be Strong.

Want to learn more about how Gencor Industries Inc is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Gencor Industries Inc Stock Price: Bottom Line

As of September 13, 2024, Gencor Industries Inc’s stock price is $19.87, which is up 4.41% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Gencor Industries Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.