Generation Income Properties (NASDAQ:GIPR) Shares Down 6.3% – Time to Sell?

Generation Income Properties, Inc. (NASDAQ:GIPR)’s stock price fell 6.3% on Wednesday . The stock traded as low as $1.70 and last traded at $1.78. 34,331 shares were traded during trading, an increase of 14% from the average session volume of 30,166 shares. The stock had previously closed at $1.90.

Generation Income Properties Stock Performance

The firm’s 50 day moving average is $1.77 and its 200-day moving average is $1.97. The stock has a market capitalization of $9.65 million, a price-to-earnings ratio of -0.71 and a beta of -0.11. The company has a debt-to-equity ratio of 9.72, a quick ratio of 0.81 and a current ratio of 0.81.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Generation Income Properties stock. Gator Capital Management LLC purchased a new stake in Generation Income Properties, Inc. (NASDAQ:GIPR) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 86,024 shares of the company’s stock, valued at approximately $157,000. Gator Capital Management LLC owned approximately 1.59% of Generation Income Properties as of its most recent SEC filing. 20.72% of the stock is currently owned by hedge funds and other institutional investors.

About Generation Income Properties

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.