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

by · The Cerbat Gem

Genesis Land Development (TSE:GDC – Get Free Report) released its quarterly earnings results on Thursday. The company reported C$0.32 EPS for the quarter, FiscalAI reports. The company had revenue of C$134.61 million for the quarter. Genesis Land Development had a net margin of 9.66% and a return on equity of 12.42%.

Genesis Land Development Stock Performance

GDC stock traded down C$0.05 during mid-day trading on Thursday, reaching C$3.45. 2,200 shares of the stock traded hands, compared to its average volume of 3,046. The firm has a market capitalization of C$195.43 million, a PE ratio of 5.75 and a beta of -0.03. The business has a 50-day moving average of C$3.31 and a two-hundred day moving average of C$3.34. Genesis Land Development has a 52 week low of C$2.91 and a 52 week high of C$3.84. The company has a quick ratio of 0.80, a current ratio of 0.86 and a debt-to-equity ratio of 58.09.

About Genesis Land Development

(Get Free Report)

Genesis Land Development Corp is a Canada-based land developer and home builder. The company is engaged in the acquisition, development, and sale of land, residential lots and homes mainly in the greater Calgary area. The company has two business segments: Land development and Homebuilding. It earns the majority of its revenue from the home building segment.

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