Gencor Industries Inc (GENC) Files Form 4 Insider Selling : Marc G Elliott Sells 24,000 Shares

Gencor Industries Inc (GENC): Marc G Elliott , president of Gencor Industries Inc sold 24,000 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $14.86 per share for a total value of $356,640.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 4, 2016, David Air (director) sold 5,000 shares at $13.40 per share price.On Mar 3, 2016, Sherry Houtkin (10% owner) sold 10,000 shares at $13.38 per share price.Also, On Feb 18, 2016, Marc G Elliott (president) sold 9,140 shares at $12.68 per share price.On Mar 18, 2015, Jeanne M Lyons (Secretary) sold 985 shares at $9.78 per share price.

Shares of Gencor Industries (DE) (GENC) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.06 points or -0.42% at $14.39 with 11,787 shares getting traded. Post opening the session at $14.47, the shares hit an intraday low of $14.0301 and an intraday high of $14.47 and the price vacillated in this range throughout the day. The company has a market cap of $115,796 M and the number of outstanding shares has been calculated to be 8,04,70,00,000 shares. The 52-week high of Gencor Industries (DE) is $15.5 and the 52-week low is $8.91.

Gencor Industries  (DE) Money Flow Index Chart

Gencor Industries Inc. (Gencor) is a manufacturer of heavy machinery used in the production of highway construction materials synthetic fuels and environmental control equipment. The Company designs manufactures and sells machinery and related equipment used for the production of asphalt and highway construction materials. The Company’s products include asphalt plants combustion systems and fluid heat transfer systems. Asphalt plants are used in the production of asphalt paving materials. Combustion systems which are burners that can transform solid liquid or gaseous fuels into usable energy burn multiple fuels alternately or simultaneously. Thermal fluid heat transfer systems are similar to boilers. The Company’s products are sold through a combination of Company sales representatives and independent dealers and agents located across the world.

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