Generation Income Properties (NASDAQ:GIPR) Issues Quarterly Earnings Results

Generation Income Properties (NASDAQ:GIPR) issued its quarterly earnings data on Friday. The company reported ($0.52) earnings per share (EPS) 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%.

Generation Income Properties Stock Performance

NASDAQ GIPR traded down $0.01 during trading hours on Friday, hitting $1.03. 23,137 shares of the company’s stock traded hands, compared to its average volume of 191,828. The business’s fifty day moving average price is $1.22 and its two-hundred day moving average price is $1.31. The firm has a market capitalization of $5.58 million, a P/E ratio of -0.54 and a beta of -0.05. Generation Income Properties has a 52 week low of $0.78 and a 52 week high of $2.06. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 20.28.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Generation Income Properties in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

About Generation Income Properties

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.