International Land Alliance (OTCMKTS:ILAL) Trading 36.1% Higher – Still a Buy?

International Land Alliance, Inc. (OTCMKTS:ILAL) shares were up 36.1% on Wednesday . The company traded as high as $0.12 and last traded at $0.12. Approximately 3,148,493 shares traded hands during mid-day trading, an increase of 2,046% from the average daily volume of 146,737 shares. The stock had previously closed at $0.08.

International Land Alliance Stock Up 36.1 %

The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.20. The company has a market cap of $11.22 million, a PE ratio of 0.61 and a beta of -1.16. The business has a 50-day simple moving average of $0.09 and a 200-day simple moving average of $0.07.

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.