Genesis Land Development (TSE:GDC) Sets New 12-Month Low at $1.96

Genesis Land Development Corp. (TSE:GDC)’s share price reached a new 52-week low on Wednesday . The company traded as low as C$1.96 and last traded at C$2.06, with a volume of 53400 shares traded. The stock had previously closed at C$2.24.

The stock has a 50-day moving average price of C$2.33 and a two-hundred day moving average price of C$2.57. The company has a current ratio of 10.95, a quick ratio of 1.14 and a debt-to-equity ratio of 8.65. The stock has a market cap of $94.06 million and a price-to-earnings ratio of 36.07.

Genesis Land Development Company Profile (TSE:GDC)

Genesis Land Development Corp. engages in the acquisition, development, and sale of land, residential lots, and homes primarily in the greater Calgary 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.

See Also: Initial Coin Offering (ICO)

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