International Land Alliance (OTCMKTS:ILAL) Trading Up 36.1% – Should You Buy?

International Land Alliance, Inc. (OTCMKTS:ILAL)’s stock price rose 36.1% on Wednesday . The company traded as high as $0.12 and last traded at $0.12. Approximately 3,148,493 shares were traded during trading, an increase of 2,046% from the average daily volume of 146,737 shares. The stock had previously closed at $0.08.

International Land Alliance Price Performance

The firm has a fifty day moving average of $0.09 and a 200 day moving average of $0.07. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $11.57 million, a P/E ratio of 0.62 and a beta of -1.16.

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.