Genesis Land Development (TSE:GDC) Reaches New 52-Week High at $4.20

Shares of Genesis Land Development Corp. (TSE:GDC) hit a new 52-week high during trading on Thursday . The company traded as high as C$4.20 and last traded at C$4.16, with a volume of 24877 shares. The stock had previously closed at C$4.05.

Genesis Land Development Price Performance

The firm has a market cap of C$240.22 million, a PE ratio of 9.40 and a beta of 1.05. The company has a debt-to-equity ratio of 53.71, a current ratio of 8.72 and a quick ratio of 0.80. The firm has a 50-day simple moving average of C$3.66 and a 200 day simple moving average of C$3.33.

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

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.