International Land Alliance (OTCMKTS:ILALD) Stock Price Down 2.1% – Here’s What Happened

International Land Alliance, Inc. (OTCMKTS:ILALD) shares traded down 2.1% on Friday . The stock traded as low as $4.53 and last traded at $4.75. Approximately 2,144 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 11,827 shares. The stock had previously closed at $4.85.

International Land Alliance Stock Down 2.1%

The firm’s fifty day moving average price is $5.53 and its two-hundred day moving average price is $7.94. The stock has a market cap of $11.37 million, a price-to-earnings ratio of -1.90 and a beta of -0.78. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.31 and a quick ratio of 0.31.

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.