International Land Alliance (OTCMKTS:ILAL) Trading Down 13.5% – Time to Sell?

International Land Alliance, Inc. (OTCMKTS:ILAL) traded down 13.5% on Friday . The stock traded as low as $7.50 and last traded at $8.50. 21,998 shares traded hands during trading, a decline of 94% from the average session volume of 354,253 shares. The stock had previously closed at $9.8263.

International Land Alliance Stock Down 13.5%

The business has a 50-day simple moving average of $0.41 and a 200-day simple moving average of $0.27. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.31 and a current ratio of 0.31. The company has a market cap of $1.02 billion, a price-to-earnings ratio of -170.00 and a beta of -0.87.

International Land Alliance (OTCMKTS:ILAL) last released its earnings results on Wednesday, November 19th. The company reported ($0.02) earnings per share for the quarter. The firm had revenue of $0.56 million for the quarter. International Land Alliance had a negative return on equity of 41.90% and a negative net margin of 196.48%.

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.