International Land Alliance (OTCMKTS:ILAL) Issues Earnings Results

International Land Alliance (OTCMKTS:ILAL) announced its quarterly earnings results on Wednesday. The company reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports. International Land Alliance had a negative net margin of 101.31% and a negative return on equity of 25.93%.

International Land Alliance Stock Performance

OTCMKTS ILAL opened at $0.19 on Thursday. The company has a market capitalization of $22.46 million, a price-to-earnings ratio of -9.74 and a beta of -0.82. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.12. International Land Alliance has a twelve month low of $0.06 and a twelve month high of $0.35. The stock has a fifty day simple moving average of $0.18 and a 200 day simple moving average of $0.19.

International Land Alliance Company Profile

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.