Generation Income Properties (NASDAQ:GIPR) Issues Earnings Results

Generation Income Properties (NASDAQ:GIPR) released its quarterly earnings results on Friday. The company reported ($0.52) earnings per share for the quarter, Zacks reports. Generation Income Properties had a negative net margin of 105.40% and a negative return on equity of 247.43%.

Generation Income Properties Price Performance

GIPR traded down $0.01 during midday trading on Friday, hitting $1.03. The stock had a trading volume of 23,137 shares, compared to its average volume of 191,828. Generation Income Properties has a 1 year low of $0.78 and a 1 year high of $2.06. The company has a debt-to-equity ratio of 20.28, a quick ratio of 0.16 and a current ratio of 0.16. The business has a fifty day moving average of $1.22 and a 200 day moving average of $1.31. The company has a market cap of $5.58 million, a P/E ratio of -0.54 and a beta of -0.05.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Generation Income Properties in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Generation Income Properties Company Profile

Generation Income Properties, Inc, located in Tampa, Florida, is an internally managed real estate investment trust formed to acquire and own, directly and jointly, real estate investments focused on retail, office, and industrial net lease properties in densely populated submarkets.