Today Genesis Land Development Corp. Stock Crashes

 Today Genesis Land Development Corp. Stock Crashes

The stock of Genesis Land Development Corp. (TSE:GDC) is a huge mover today! About 42,000 shares traded hands or 320.93% up from the average. Genesis Land Development Corp. (TSE:GDC) has risen 15.29% since April 12, 2016 and is uptrending. It has outperformed by 10.61% the S&P500.
The move comes after 9 months negative chart setup for the $131.97 million company. It was reported on Nov, 16 by Barchart.com. We have $2.48 PT which if reached, will make TSE:GDC worth $17.16 million less.

More important recent Genesis Land Development Corp. (TSE:GDC) news were published by: Reuters.com which released: “BRIEF-Genesis Land Development Corp announces declaration of about $10.9 m…” on November 15, 2016, also Reuters.com published article titled: “BRIEF-Genesis Land Development buys portion of Sage Hill Crossing for $9.4…”, Prnewswire.com published: “Lloyd I. Miller III Announces Voting Intention for Genesis Land Development …” on May 11, 2015. More interesting news about Genesis Land Development Corp. (TSE:GDC) was released by: Business.Financialpost.com and their article: “Genesis Land Development Corp. looks to the future” with publication date: September 11, 2012.

Genesis Land Development Corp. is a Canada firm engaged in the acquisition, development, and sale of land, residential lots and homes primarily in the greater Calgary area. The company has a market cap of $131.97 million. The Firm owns a portfolio of entitled residential and mixed-use land. It has a 10.09 P/E ratio. The Firm operates through two divisions: land development and home building.

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