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

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

International Land Alliance Trading Down 0.6 %

The firm has a market cap of $17.32 million, a price-to-earnings ratio of 0.88 and a beta of -1.17. The company has a fifty day moving average price of $0.16 and a 200-day moving average price of $0.11. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.20.

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.