International Land Alliance (OTCMKTS:ILAL) Trading 20.2% Higher – Should You Buy?

International Land Alliance, Inc. (OTCMKTS:ILALGet Free Report)’s share price traded up 20.2% during mid-day trading on Tuesday . The stock traded as high as $0.11 and last traded at $0.11. 255,209 shares changed hands during mid-day trading, an increase of 101% from the average session volume of 127,084 shares. The stock had previously closed at $0.09.

International Land Alliance Stock Up 23.8 %

The firm’s 50-day moving average price is $0.06 and its 200-day moving average price is $0.06. The company has a market cap of $8.56 million, a price-to-earnings ratio of 1.65 and a beta of -0.92. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.40 and a quick ratio of 0.40.

International Land Alliance (OTCMKTS:ILALGet Free Report) last released its quarterly earnings data on Tuesday, July 9th. The company reported $0.05 earnings per share (EPS) for the quarter. International Land Alliance had a net margin of 32.54% and a return on equity of 309.88%. The company had revenue of $5.09 million during the quarter.

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.

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