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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:   Average   Below   Call   Definition   ETFs   Earnings   Free   GENC   Gencor   Industrial   Industries   Machinery   Moving   NYSE   Portfolio   Price   Short   Traded   about   among   asset   average   below   cash   chart   companies   completely   currently   designed   growth   hands   history   moving   operates   performance   point   portfolio   price   range   share   shares   slideshow   stocks   terms   there   trading   versus   week   with   year
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