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

Genesis Land Development (TSE:GDC – Get Free Report) announced its earnings results on Wednesday. The company reported C$0.04 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$61.95 million for the quarter. Genesis Land Development had a net margin of 8.36% and a return on equity of 10.76%.

Genesis Land Development Stock Up 10.6%

TSE GDC traded up C$0.35 during trading on Wednesday, reaching C$3.65. 4,802 shares of the company’s stock were exchanged, compared to its average volume of 3,049. The company has a current ratio of 1.72, a quick ratio of 0.80 and a debt-to-equity ratio of 46.23. Genesis Land Development has a fifty-two week low of C$3.00 and a fifty-two week high of C$3.75. The company’s fifty day simple moving average is C$3.44 and its 200-day simple moving average is C$3.40. The firm has a market capitalization of C$205.40 million, a PE ratio of 6.52 and a beta of 0.61.

Genesis Land Development Company Profile

(Get Free Report)

Genesis is an integrated land developer and residential home builder with a strategy to grow its portfolio of well-located, entitled and unentitled primarily residential lands and serviced lots throughout the Calgary Metropolitan Area.

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Earnings History for Genesis Land Development (TSE:GDC)

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