Genesis Land Development (TSE:GDC) Hits New 52-Week High at $4.00

Genesis Land Development Corp. (TSE:GDC) shares reached a new 52-week high on Tuesday . The company traded as high as C$4.00 and last traded at C$3.93, with a volume of 8200 shares. The stock had previously closed at C$3.91.

Genesis Land Development Price Performance

The company has a market capitalization of C$223.18 million, a PE ratio of 8.89 and a beta of 1.05. The stock has a 50 day moving average price of C$3.46 and a two-hundred day moving average price of C$3.20. The company has a debt-to-equity ratio of 53.71, a quick ratio of 0.80 and a current ratio of 8.72.

Genesis Land Development (TSE:GDC) last posted its earnings results on Tuesday, July 30th. The company reported C$0.14 EPS for the quarter. Genesis Land Development had a net margin of 9.14% and a return on equity of 10.16%. The company had revenue of C$94.98 million during the quarter.

About Genesis Land Development

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.