International Land Alliance (OTCMKTS:ILAL) Stock Price Up 12.7% – Here’s What Happened

International Land Alliance, Inc. (OTCMKTS:ILALGet Free Report)’s stock price was up 12.7% during mid-day trading on Monday . The stock traded as high as $0.17 and last traded at $0.17. Approximately 90,100 shares changed hands during trading, a decline of 54% from the average daily volume of 194,167 shares. The stock had previously closed at $0.15.

International Land Alliance Stock Performance

The firm’s fifty day moving average price is $0.16 and its 200-day moving average price is $0.11. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.20. The company has a market cap of $17.32 million, a P/E ratio of 0.88 and a beta of -1.17.

About International Land Alliance

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International Land Alliance, Inc operates as a residential land development company with target properties located primarily in the Baja California, Northern region of Mexico, and Southern California. Its principal activities include purchasing properties; obtaining zoning and other entitlements required to subdivide the properties into residential and commercial building lots; securing financing for the purchase of the lots; enhance the properties' infrastructure and amenities; and selling the plots to homebuyers, retirees, investors, and commercial developers.

Further Reading

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