Generation Income Properties (NASDAQ:GIPR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Generation Income Properties (NASDAQ:GIPR) to a hold rating in a research note released on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Generation Income Properties in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Generation Income Properties Stock Performance

Shares of GIPR stock opened at $0.68 on Friday. The company has a market capitalization of $1.27 million, a price-to-earnings ratio of -0.06 and a beta of 0.23. Generation Income Properties has a 52-week low of $0.26 and a 52-week high of $19.90. The company has a 50-day simple moving average of $0.63 and a two-hundred day simple moving average of $1.95.

Generation Income Properties (NASDAQ:GIPR) last posted its earnings results on Friday, August 14th. The company reported ($0.77) EPS for the quarter, missing the consensus estimate of $2.40 by ($3.17). The business had revenue of $2.11 million for the quarter, compared to analysts’ expectations of $2.11 million.

Generation Income Properties Company Profile

Generation Income Properties, Inc (NASDAQ: GIPR) is a real estate investment trust focused on acquiring, owning and managing income-producing commercial properties. The company generally targets properties that are leased to tenants operating businesses considered essential to their local communities.

Its portfolio may include retail, office and industrial properties, with an emphasis on single-tenant or other commercial assets leased under arrangements that require tenants to pay some or all property-related expenses.