Shares of International Land Alliance, Inc. (OTCMKTS:ILALD – Get Free Report) fell 7.6% during mid-day trading on Tuesday . The stock traded as low as $6.30 and last traded at $6.46. 11,002 shares changed hands during trading, a decline of 7% from the average session volume of 11,827 shares. The stock had previously closed at $6.99.
International Land Alliance Price Performance
The company’s 50-day simple moving average is $5.80 and its 200-day simple moving average is $8.38. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.31 and a quick ratio of 0.31. The stock has a market capitalization of $15.47 million, a price-to-earnings ratio of -2.58 and a beta of -0.78.
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.
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