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GENC Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Thursday, July 7, 1:33 PM ET
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In trading on Thursday, shares of Gencor Industries, Inc. (NASDAQ:GENC) crossed below their 200 day moving average of $7.54, changing hands as low as $7.53 per share. Gencor Industries, Inc. shares are currently trading off about 1.4% on the day. The chart below shows the one year performance of GENC shares, versus its 200 day moving average:

Gencor Industries, Inc. 200 Day Moving Average Chart

Looking at the chart above, GENC's low point in its 52 week range is $6.75 per share, with $8.10 as the 52 week high point that compares with a last trade of $7.61.

GENC operates in the Industrial Machinery & Equipment sector, among companies like Valmont Industries, Inc. (NYSE:VMI) which is up about 2.9% today, and Harsco Corp. (NYSE:HSC) trading higher by about 1.1%. Below is a three month price history chart comparing the stock performance of GENC, versus VMI and HSC.

GENC,VMI,HSC Relative Performance Chart


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This Article's Word Cloud:   Below   Call   Crossing   Definition   Earnings   GENC   Gencor   Growth   Industries   Looking   NYSE   Price   Start   Their   Traded   Trial   about   allows   asset   average   below   changing   chart   commodities   currently   designed   flexibility   follow   history   level   month   moving   performance   point   portfolio   program   range   raquo   regions   sector   sectors   share   shares   that   trading   versus   week   wherever   which   with
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