International Land Alliance (OTCMKTS:ILAL) Shares Up 10% – Still a Buy?

International Land Alliance, Inc. (OTCMKTS:ILAL) was up 10% during mid-day trading on Monday . The company traded as high as $0.11 and last traded at $0.11. Approximately 120,651 shares changed hands during trading, a decline of 4% from the average daily volume of 125,570 shares. The stock had previously closed at $0.10.

International Land Alliance Price Performance

The company has a market capitalization of $7.80 million, a PE ratio of 1.25 and a beta of -1.06. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.23. The stock has a fifty day simple moving average of $0.07 and a 200-day simple moving average of $0.07.

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.