International Land Alliance (OTCMKTS:ILAL) Shares Up 10% – Still a Buy?

International Land Alliance, Inc. (OTCMKTS:ILALGet Free Report)’s stock price shot up 10% on Monday . The stock traded as high as $0.11 and last traded at $0.11. 120,651 shares changed hands during trading, a decline of 4% from the average session volume of 125,570 shares. The stock had previously closed at $0.10.

International Land Alliance Stock Performance

The firm has a 50 day moving average of $0.07 and a two-hundred day moving average of $0.07. The stock has a market cap of $9.79 million, a P/E ratio of 1.57 and a beta of -1.06. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.40 and a current ratio of 0.40.

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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