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

Shares of International Land Alliance, Inc. (OTCMKTS:ILAL) shot up 12.7% during trading on Monday . The stock traded as high as $0.17 and last traded at $0.17. 90,100 shares changed hands during trading, a decline of 54% from the average session volume of 194,167 shares. The stock had previously closed at $0.15.

International Land Alliance Price Performance

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 $17.42 million, a price-to-earnings ratio of 0.89 and a beta of -1.17. The business has a 50-day moving average price of $0.16 and a 200 day moving average price of $0.11.

About International Land Alliance

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.