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

Genesis Land Development (TSE:GDC) issued its quarterly earnings data on Wednesday. The company reported C$0.01 earnings per share for the quarter, FiscalAI reports. The business had revenue of C$51.45 million for the quarter. Genesis Land Development had a return on equity of 13.95% and a net margin of 10.30%.

Genesis Land Development Price Performance

GDC stock traded up C$0.05 during midday trading on Wednesday, reaching C$3.36. 5,630 shares of the stock were exchanged, compared to its average volume of 3,685. The stock has a market capitalization of C$189.15 million, a PE ratio of 4.87 and a beta of 0.28. Genesis Land Development has a 52 week low of C$2.96 and a 52 week high of C$3.84. The company has a debt-to-equity ratio of 45.96, a current ratio of 1.73 and a quick ratio of 0.80. The company has a fifty day moving average price of C$3.39 and a 200 day moving average price of C$3.32.

Genesis Land Development Company Profile

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.