Genesis Land Development (TSE:GDC) Reaches New 12-Month High at $4.10

Genesis Land Development Corp. (TSE:GDC)’s share price hit a new 52-week high during trading on Monday . The company traded as high as C$4.10 and last traded at C$4.00, with a volume of 21920 shares trading hands. The stock had previously closed at C$3.93.

Genesis Land Development Price Performance

The company has a market cap of C$224.32 million, a PE ratio of 9.00 and a beta of 1.05. The business has a 50 day moving average of C$3.55 and a 200 day moving average of C$3.27. The company has a debt-to-equity ratio of 53.71, a current ratio of 8.72 and a quick ratio of 0.80.

Genesis Land Development (TSE:GDC) last announced its quarterly earnings results on Tuesday, July 30th. The company reported C$0.14 earnings per share (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 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.