Generation Development Group (ASX:GDG) Shares Down 2.1%

Generation Development Group Ltd (ASX:GDG)’s share price dropped 2.1% on Wednesday . The stock traded as low as A$0.46 ($0.33) and last traded at A$0.46 ($0.33), approximately 122,299 shares traded hands during mid-day trading. The stock had previously closed at A$0.47 ($0.33).

The company’s 50 day moving average is A$0.50. The stock has a market capitalization of $57.63 million and a price-to-earnings ratio of 17.69.

About Generation Development Group (ASX:GDG)

Generation Development Group Limited provides life insurance, and life investment products and services to the retail sector in Australia. It offers tax-effective investment solutions; investment bond products; and administration services, including unit pricing, fund valuation, investment and fund accounting, fund administration, and business registry services.

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