How to Buy Gencor Industries Stock
Gencor Industries Inc
Gencor Industries, Inc. engages in the designing, manufacturing and sales of heavy machinery and related equipment used in the production of highway construction materials, synthetic fuels and environmental control equipment.
Gencor Industries stock last closed at $16.12, up 0.88% from the previous day, and has decreased 20.79% in one year. It has underperformed other stocks in the Farm & Heavy Construction Machinery industry by 0.38 percentage points. Gencor Industries stock is currently +49.26% from its 52-week low of $10.80, and -29.34% from its 52-week high of $22.82.
There are currently 12.34M shares of GENC outstanding. The market cap of GENC is $198.90M. In the last 24 hours, 44,600 GENC shares were traded.
How to Buy Gencor Industries Stock
Not sure how to invest in Gencor Industries stock? Here's how.
- Choose where to buy Gencor Industries stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Gencor Industries stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your method of payment and add your info.
- Research Gencor Industries stock: The Gencor Industries ticker symbol is GENC. Is Gencor Industries stock a good investment? Should you buy shares of GENC? How do GENC's underlying business fundamentals look? Do top analysts think Gencor Industries is a good buy? Why has GENC's stock price moved recently? (Hint: Our stock research tools can help you understand if GENC is a good stock to buy).
- Make your GENC buy order: Decide if you will purchase GENC shares at the current market price or use a limit order to buy GENC stock at a specific price.
- Monitor your GENC position: Create a watchlist to important updates regarding your position in Gencor Industries shares.
Step 1: Choose where to buy Gencor Industries stock
You need a brokerage account to access the NYSEMKT market and buy GENC shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal information so you can invest in GENC stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit money your brokerage account
Now that you have filled out your info on the best stock app to use, your next step is to transfer the money for your investment:
Check out the tutorial below to see the process of depositing money into your new brokerage account.
Step 4: Research Gencor Industries stock
After you have selected the best place to buy Gencor Industries stock, it's important to analyze their stock before you buy, so you actually wrap your head around the risk and opportunity.
Gencor Industries quick stats
GENC Due Diligence Checks
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on GENC's stock page.
Is GENC stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge GENC's true value.
Using relative valuations metrics:
- GENC could be undervalued based on its P/E ratio of 15.5x, relative to Farm & Heavy Construction Machinery industry P/E ratio of 22.48x
- GENC may be undervalued based on its P/B ratio of 0.95x, relative to Farm & Heavy Construction Machinery industry P/B ratio of 5.06x
- GENC could be overvalued based on its PEG ratio of 1.1x
You can do additional valuation research on GENC's stock here.
GENC Financial Health
Signs that GENC is financially healthy:
- GENC has a low debt to equity ratio of 0.05.
- There are more short-term assets than short-term liabilities on the GENC balance sheet.
- Total GENC debt is lower than 5 years ago, relative to shareholder equity.
- GENC has cash burn of 906000. It has enough cash and short-term investments to cover this for at least one year.
- GENC has $135.97M in cash and short term investments. This is sufficient to cover its annual cash burn of $906.00k.
- There are more short-term assets than long-term liabilities on the GENC balance sheet.
Signs that GENC is not financially healthy:
- GENC profit margin has gone down from 14.3% to 12.9% in the past year.
GENC Momentum
Is GENC Growing Revenue?
Last year, GENC earnings were $15.19M. In the past five year, GENC's earnings have grown by 19.32% per year. This was faster than the Farm & Heavy Construction Machinery industry average of 18.7%.
Last year, GENC revenue was $117.53M. Over the last five year, GENC's revenue has increased by 7.61% per year. This was faster than the Farm & Heavy Construction Machinery industry average of 5.33%.
You can analyze GENC's earnings and revenue performance here.
Are GENC executives and large shareholders buying or selling the stock?
Over the last 12 months, executives and large shareholders at GENC have not bought or sold any shares.
Get more info about who owns GENC stock here.
Does GENC stock generate passive income?
No, Gencor Industries doesn't provide an income stream by paying out dividends.
What others are saying about GENC
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Step 5: Make your GENC buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular price, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you require more help with buying stocks on eToro, watch the how to video below:
Step 6: Monitor your GENC position
Now that you own some shares in GENC, you'll want to keep up with your investment.
Make a watchlist to get notified of important updates regarding your GENC stock.
GENC Feed
How to Buy Stock in Gencor Industries
To reiterate, here are the 6 steps to buy stock in Gencor Industries:
- Choose where to buy Gencor Industries stock
- Create a brokerage account
- Deposit money your brokerage account
- Research Gencor Industries stock
- Make your GENC buy order
- Monitor your GENC position
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Gencor Industries, hit the button below to create your watchlist.
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