Genesis Land Development (TSE:GDC) Issues Earnings Results

Genesis Land Development (TSE:GDC) issued its earnings results on Thursday. The company reported C$0.32 EPS for the quarter, FiscalAI reports. Genesis Land Development had a return on equity of 12.42% and a net margin of 9.66%.The firm had revenue of C$134.61 million during the quarter.

Genesis Land Development Price Performance

Shares of TSE GDC opened at C$3.45 on Friday. Genesis Land Development has a 12-month low of C$2.91 and a 12-month high of C$3.84. The firm’s 50-day simple moving average is C$3.31 and its 200 day simple moving average is C$3.34. The company has a quick ratio of 0.80, a current ratio of 0.86 and a debt-to-equity ratio of 58.09. The company has a market cap of C$195.43 million, a price-to-earnings ratio of 5.75 and a beta of -0.03.

About Genesis Land Development

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.