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Downtrend Call Working As Gencor Inds Inc Stock Falls 35.8% (GENC)

By James Quinn

SmarTrend identified a Downtrend for Gencor Inds Inc (NASDAQ:GENC) on December 7th, 2017 at $16.83. In approximately 12 months, Gencor Inds Inc has returned 35.77% as of today's recent price of $10.81.

In the past 52 weeks, Gencor Inds Inc share prices have been bracketed by a low of $10.65 and a high of $18.34 and are now at $10.81, 2% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.7%.

Gencor Industries Inc. manufactures asphalt plants, soil remediation plants, combustion systems, and screening equipment for the construction industry. The Company is a global manufacturer serving North America, Europe, the Middle East, and Asia.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Gencor Inds Inc.

Log in and add Gencor Inds Inc (GENC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights gencor inds inc

Ticker(s): GENC