Generation Income Properties (NASDAQ:GIPR) Issues Earnings Results

Generation Income Properties (NASDAQ:GIPR) posted its quarterly earnings results on Friday. The company reported ($0.52) earnings per share for the quarter, Zacks reports. Generation Income Properties had a negative return on equity of 247.43% and a negative net margin of 105.40%.The business had revenue of $2.47 million during the quarter.

Generation Income Properties Stock Performance

NASDAQ:GIPR opened at $1.03 on Friday. The company has a market cap of $5.59 million, a price-to-earnings ratio of -0.55 and a beta of -0.05. Generation Income Properties has a 1 year low of $0.78 and a 1 year high of $2.06. The stock’s 50 day simple moving average is $1.22 and its two-hundred day simple moving average is $1.31. The company has a debt-to-equity ratio of 20.28, a current ratio of 0.16 and a quick ratio of 0.16.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Generation Income Properties in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Generation Income Properties presently has an average rating of “Sell”.

Generation Income Properties Company Profile

Generation Income Properties, Inc, located in Tampa, Florida, is an internally managed real estate investment trust formed to acquire and own, directly and jointly, real estate investments focused on retail, office, and industrial net lease properties in densely populated submarkets.