Genesis Land Development (TSE:GDC) Reaches New 52-Week High at $3.34

Shares of Genesis Land Development Corp. (TSE:GDC) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$3.34 and last traded at C$3.30, with a volume of 31900 shares trading hands. The stock had previously closed at C$3.25.

Genesis Land Development Stock Performance

The company has a quick ratio of 0.80, a current ratio of 5.01 and a debt-to-equity ratio of 43.25. The stock has a market capitalization of C$187.41 million, a price-to-earnings ratio of 12.50 and a beta of 1.02. The stock’s 50-day simple moving average is C$2.76 and its 200 day simple moving average is C$2.47.

Genesis Land Development (TSE:GDC) last released its quarterly earnings results on Wednesday, March 6th. The company reported C$0.15 EPS for the quarter. Genesis Land Development had a return on equity of 6.00% and a net margin of 7.14%. The business had revenue of C$71.60 million for the quarter.

Genesis Land Development Company Profile

Genesis Land Development Corp., an integrated land developer and residential home builder, owns and develops residential lands and serviced lots in the Calgary Metropolitan Area, Canada. It operates through two segments: Land Development and Home Building. The Land Development segment acquires, plans, rezones, subdivides, services, and sells residential lots, and commercial and industrial lands to third-party developers and builders; and sells lots and completed homes.