Genesis Land Development (TSE:GDC) Share Price Passes Above Fifty Day Moving Average of $2.63

Genesis Land Development Corp. (TSE:GDC - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$2.63 and traded as high as C$2.83. Genesis Land Development shares last traded at C$2.82, with a volume of 1,900 shares traded.

Genesis Land Development Trading Up 2.8 %

The firm has a market cap of C$164.69 million, a price-to-earnings ratio of 11.08 and a beta of 1.02. The business has a fifty day moving average of C$2.64 and a two-hundred day moving average of C$2.42. The company has a debt-to-equity ratio of 43.25, a quick ratio of 0.80 and a current ratio of 5.01.

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

Genesis Land Development Company Profile

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Genesis Land Development Corp., an integrated land developer and residential home builder, owns and develops a portfolio of 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.

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