Genesis Land Development (TSE:GDC) Share Price Breaks Above Its 50-Day Moving Average of $2.63

Genesis Land Development Corp.TSE: GDC – Get a Free Report) shares broke above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of C$2.63 and is trading at C$2.83. Shares of Genesis Land Development last traded at C$2.82, with a volume of 1,900 shares.

Genesis Land Development Stock Performance

The company has a fifty day moving average of C$2.63 and a 200 day moving average of C$2.41. The company has a debt to equity ratio of 43.25, a current ratio of 5.01 and a quick ratio of 0.80. The stock has a market capitalization of C$160.15 million, a price-to-earnings ratio of 10.85 and a beta of 1.02.

Early Land Development (TSE: GDC – Get a Free Report) last released its quarterly earnings data on Wednesday, March 6th. The company reported C$0.15 EPS for the quarter. The business had revenue of C$71.60 million for the quarter. Genesis Land Development had a net margin of 7.14% and a return on equity of 6.00%.

About Land Development in the Beginning

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Genesis Land Development Corp., an integrated developer and residential homebuilder, owns and develops a portfolio of residential land and serviced lots in the Calgary Metropolitan area, Canada. It operates through two divisions: Land Development and Home Building. The Land Development Division acquires, plans, rezones, subdivides, services, and sells residential, commercial and industrial land to developers and other builders; and sell lots and completed houses.