Gencor Industries, Inc. (DE) (GENC) Stock: What Does the Chart Say Thursday?

Gencor Industries, Inc. (DE) (GENC) stock is up 7.68% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Gencor Industries, Inc. (DE) has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on GENC!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With GENC Stock Today?

Gencor Industries, Inc. (DE) (GENC) stock is up 3.3% while the S&P 500 is down -0.61% as of 2:11 PM on Thursday, Jun 9. GENC has gained $0.34 from the previous closing price of $10.31 on volume of 6,677 shares. Over the past year the S&P 500 has fallen -3.23% while GENC is down -14.18%. GENC earned $0.14 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 74.17. To see InvestorsObserver's Sentiment Score for Gencor Industries, Inc. (DE) click here.

More About Gencor Industries, Inc. (DE)

Gencor Industries Inc and its subsidiaries is a manufacturer of heavy machinery used in the production of highway construction materials and environmental control equipment. The firm's principal products include asphalt plants, combustion systems, and fluid heat transfer systems. Click Here to get the full Stock Report for Gencor Industries, Inc. (DE) stock.