Shares of Genesis Land Development Corp. (TSE:GDC) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$2.75 and last traded at C$2.75, with a volume of 21900 shares trading hands. The stock had previously closed at C$2.80.
The company has a debt-to-equity ratio of 15.11, a current ratio of 12.10 and a quick ratio of 1.86. The firm has a market cap of $120.70 million and a PE ratio of 29.17.
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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 plans, rezones, subdivides, services, and sells residential communities; and commercial and industrial lands to third parties.
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