International Land Alliance (OTCMKTS:ILALD) Stock Price Up 39% – Here’s Why

International Land Alliance, Inc. (OTCMKTS:ILALDGet Free Report) shares rose 39% during trading on Monday . The stock traded as high as $3.70 and last traded at $3.67. Approximately 9,421 shares changed hands during trading, a decline of 20% from the average daily volume of 11,827 shares. The stock had previously closed at $2.64.

International Land Alliance Price Performance

The business has a 50-day simple moving average of $3.98 and a 200 day simple moving average of $4.88. The stock has a market cap of $9.55 million, a P/E ratio of -1.60 and a beta of -0.78. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.29.

International Land Alliance Company Profile

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International Land Alliance, Inc is a real estate development company focused on acquiring, developing and marketing residential land in Mexico. The company’s activities generally include planning residential communities, securing or improving infrastructure, and selling individual homesites or land parcels to buyers.

International Land Alliance has focused primarily on opportunities in Baja California, including areas near the Tijuana–Ensenada corridor and other coastal or resort-oriented markets.

Further Reading

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