International Land Alliance (OTCMKTS:ILAL) Trading Up 20.2% – Here’s Why

International Land Alliance, Inc. (OTCMKTS:ILAL) was up 20.2% during trading on Tuesday . The company traded as high as $0.11 and last traded at $0.11. Approximately 255,209 shares were traded during mid-day trading, an increase of 101% from the average daily volume of 127,084 shares. The stock had previously closed at $0.09.

International Land Alliance Stock Up 20.2 %

The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.23. The stock has a market cap of $9.37 million, a P/E ratio of 1.80 and a beta of -0.92. The firm has a 50-day simple moving average of $0.06 and a two-hundred day simple moving average of $0.06.

International Land Alliance (OTCMKTS:ILAL) last released its quarterly earnings results on Tuesday, July 9th. The company reported $0.05 EPS for the quarter. International Land Alliance had a net margin of 32.54% and a return on equity of 309.88%. The business had revenue of $5.09 million for the quarter.

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.