Sharpeyed.com Initiates Speculative Rating of 1 on Gencor Industries, Inc. (GENC) – Their Highest Level of Confidence
Gencor Industries, Inc. (NASDAQ: GENC), a diversified heavy machinery manufacturer for the production of highway construction materials, synthetic fuels and environmental control machinery, recently received a speculative rating of 1 from Sharpeyed.com – their highest level of confidence. Gencor Industries is in the process of expanding its Orlando-based operations with the addition of approximately 85 new workers along with several strategic acquisition plans. In fact, the company recently received $15.3 million in synthetic fuels investments to facilitate their growth initiatives. With earnings of $1.36 last quarter alone, Gencor Industries is perceived by Sharpeyed as undervalued at its current stock price.…