Genesis Land Development (TSE:GDC) Issues Earnings Results

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

Genesis Land Development Stock Performance

Shares of GDC remained flat at C$3.60 during mid-day trading on Friday. The stock had a trading volume of 5,054 shares, compared to its average volume of 3,701. The company has a debt-to-equity ratio of 45.96, a current ratio of 1.73 and a quick ratio of 0.80. Genesis Land Development has a 52 week low of C$2.96 and a 52 week high of C$3.84. The stock has a 50 day simple moving average of C$3.39 and a 200 day simple moving average of C$3.32. The company has a market capitalization of C$202.66 million, a PE ratio of 5.22 and a beta of 0.28.

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.