Genesis Land Development (TSE:GDC) Reaches New 12-Month High at $3.57

Genesis Land Development Corp. (TSE:GDC)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$3.57 and last traded at C$3.41, with a volume of 1900 shares traded. The stock had previously closed at C$3.17.

Genesis Land Development Price Performance

The company has a debt-to-equity ratio of 43.25, a current ratio of 5.01 and a quick ratio of 0.80. The stock’s fifty day simple moving average is C$2.89 and its 200-day simple moving average is C$2.54. The company has a market capitalization of C$197.06 million, a P/E ratio of 13.35 and a beta of 1.02.

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