Genesis Land Development (TSE:GDC) Issues Quarterly Earnings Results

Genesis Land Development (TSE:GDC) announced its quarterly earnings results on Wednesday. The company reported C$0.04 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$61.95 million during the quarter. Genesis Land Development had a net margin of 8.36% and a return on equity of 10.76%.

Genesis Land Development Price Performance

Shares of Genesis Land Development stock remained flat at C$3.49 during trading on Friday. 9,000 shares of the company traded hands, compared to its average volume of 3,081. The stock has a market capitalization of C$196.40 million, a PE ratio of 6.23 and a beta of 0.61. Genesis Land Development has a one year low of C$3.00 and a one year high of C$3.75. The company has a debt-to-equity ratio of 46.23, a quick ratio of 0.80 and a current ratio of 1.72. The firm’s 50 day moving average is C$3.44 and its 200-day moving average is C$3.40.

Genesis Land Development Company Profile

Genesis is an integrated land developer and residential home builder with a strategy to grow its portfolio of well-located, entitled and unentitled primarily residential lands and serviced lots throughout the Calgary Metropolitan Area.