IBC Advanced Alloys (OTCMKTS:IAALF) Shares Pass Above 50 Day Moving Average – What’s Next?

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.14 and traded as high as $0.1650. IBC Advanced Alloys shares last traded at $0.1550, with a volume of 64,525 shares.

IBC Advanced Alloys Trading Down 1.1%

The company has a quick ratio of 0.17, a current ratio of 0.62 and a debt-to-equity ratio of 2.78. The stock’s 50 day moving average price is $0.14 and its 200-day moving average price is $0.09. The stock has a market capitalization of $17.67 million, a PE ratio of -5.11 and a beta of 1.24.

IBC Advanced Alloys (OTCMKTS:IAALF) last posted its quarterly earnings results on Monday, December 1st. The company reported ($0.01) EPS for the quarter. The business had revenue of $4.17 million for the quarter. IBC Advanced Alloys had a negative net margin of 17.02% and a negative return on equity of 95.16%.

IBC Advanced Alloys Company Profile

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.