Gencor Industries Inc (GENC) Files Form 4 Insider Selling : Marc G Elliott Sells 15,000 Shares

Gencor Industries Inc (GENC): Marc G Elliott , president of Gencor Industries Inc sold 15,000 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were sold at $14.91 per share for a total value of $223,710.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 3, 2016, Marc G Elliott (president) sold 2,000 shares at $14.75 per share price.On Mar 4, 2016, David Air (director) sold 5,000 shares at $13.40 per share price.Also, On Mar 3, 2016, Sherry Houtkin (10% owner) sold 10,000 shares at $13.38 per share price.On Mar 18, 2015, Jeanne M Lyons (Secretary) sold 985 shares at $9.78 per share price.

Gencor Industries (DE): On Tuesday, Jun 7, 2016 heightened volatility was witnessed in Gencor Industries (DE) which led to swings in the share price. The shares opened for trading at $14.86 and hit $14.99 on the upside , eventually ending the session at $14.94, with a gain of 0.27% or 0.04 points. The heightened volatility saw the trading volume jump to 15,980 shares. The 52-week high of the share price is $15.5 and the company has a market cap of $143 M . The 52-week low of the share price is at $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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