GIPR Stock Summary and Trading Ideas (Generation Income Properties | NASDAQ:GIPR)

Generation Income Properties Inc is an internally managed real estate investment company focused on acquiring and managing income-producing retail, office and industrial properties net leased to high-quality tenants in major markets throughout the United States. Its key source of revenue is the rental income. The company holds properties in Alabama, Arizona, Colorado, the District of Columbia, Florida, Illinois, North Carolina and Virginia.

Generation Income Properties trades on the NASDAQ stock market under the symbol GIPR.

As of November 4, 2024, GIPR stock price climbed to $1.98 with 9,852 million shares trading.

GIPR has a beta of 1.94, meaning it tends to be more sensitive to market movements. GIPR has a correlation of 0.17 to the broad based SPY ETF.

GIPR has a market cap of $10.73 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, GIPR traded as high as $7.85 and as low as $1.90.

The top ETF exchange traded funds that GIPR belongs to (by Net Assets): VXF.

GIPR has underperformed the market in the last year with a price return of -40.6% while the SPY ETF gained +36.5%. GIPR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -22.7% and -2.9%, respectively, while the SPY returned +5.3% and -2.5%, respectively.

GIPR support price is $1.88 and resistance is $1.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GIPR shares will trade within this expected range on the day.