Genesis Land Development Corp. (TSE:GDC – Get Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$4.05 and traded as high as C$4.18. Genesis Land Development shares last traded at C$4.16, with a volume of 26,684 shares trading hands.
Genesis Land Development Price Performance
The company has a debt-to-equity ratio of 53.71, a current ratio of 8.72 and a quick ratio of 0.80. The company’s 50-day moving average price is C$4.05 and its two-hundred day moving average price is C$3.66. The company has a market capitalization of C$236.25 million, a P/E ratio of 9.24 and a beta of 1.06.
About Genesis Land Development
Genesis Land Development Corp., an integrated land developer and residential home builder, owns and develops residential lands and serviced lots in the Calgary Metropolitan Area, Canada. It operates through two segments: Land Development and Home Building. The Land Development segment acquires, plans, rezones, subdivides, services, and sells residential lots, and commercial and industrial lands to third-party developers and builders; and sells lots and completed homes.
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