International Land Alliance (OTCMKTS:ILALD) Stock Price Down 11.5% – Here’s What Happened

International Land Alliance, Inc. (OTCMKTS:ILALDGet Free Report) shares fell 11.5% during mid-day trading on Monday . The stock traded as low as $4.90 and last traded at $5.40. 10,279 shares were traded during mid-day trading, a decline of 1% from the average session volume of 10,362 shares. The stock had previously closed at $6.10.

International Land Alliance Price Performance

The firm has a 50 day moving average price of $10.21 and a two-hundred day moving average price of $10.07. The company has a market cap of $13.74 million, a P/E ratio of -2.30 and a beta of -0.78. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.31 and a current ratio of 0.31.

About International Land Alliance

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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.

Further Reading

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