Generation Income Properties, Inc. (NASDAQ:GIPR – Get Free Report) CEO David Sobelman acquired 10,000 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were bought at an average cost of $1.79 per share, for a total transaction of $17,900.00. Following the acquisition, the chief executive officer now owns 163,798 shares of the company’s stock, valued at $293,198.42. This represents a 6.50 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Generation Income Properties Price Performance
GIPR stock traded down $0.04 on Thursday, hitting $1.81. The company’s stock had a trading volume of 23,219 shares, compared to its average volume of 30,344. The firm has a 50 day moving average of $2.04 and a two-hundred day moving average of $2.95. Generation Income Properties, Inc. has a 1 year low of $1.72 and a 1 year high of $4.64. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 9.72.
Hedge Funds Weigh In On Generation Income Properties
A hedge fund recently bought a new stake in Generation Income Properties stock. Renaissance Technologies LLC bought a new stake in Generation Income Properties, Inc. (NASDAQ:GIPR – Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 28,600 shares of the company’s stock, valued at approximately $117,000. Renaissance Technologies LLC owned approximately 0.53% of Generation Income Properties at the end of the most recent quarter. Institutional investors own 20.72% of the company’s stock.
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.
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