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Gencor Inds Inc Down 29.9% Since SmarTrend Downtrend Call (GENC)

By Amy Schwartz

SmarTrend identified a Downtrend for Gencor Inds Inc (NASDAQ:GENC) on December 7th, 2017 at $16.83. In approximately 11 months, Gencor Inds Inc has returned 29.89% as of today's recent price of $11.80.

Over the past year, Gencor Inds Inc has traded in a range of $10.73 to $18.34 and is now at $11.80, 10% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.9% while the 200-day MA has slid 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