IBC Advanced Alloys (OTCMKTS:IAALF) Stock Passes Below 50-Day Moving Average – Here’s Why

IBC Advanced Alloys Corp. (OTCMKTS:IAALF)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.14 and traded as low as $0.1299. IBC Advanced Alloys shares last traded at $0.1299, with a volume of 36,919 shares traded.

IBC Advanced Alloys Price Performance

The company has a 50 day moving average price of $0.14 and a 200 day moving average price of $0.14. The firm has a market cap of $14.97 million, a PE ratio of -6.50 and a beta of 1.10. The company has a current ratio of 0.65, a quick ratio of 0.21 and a debt-to-equity ratio of 4.13.

IBC Advanced Alloys (OTCMKTS:IAALF) last issued its quarterly earnings data on Friday, May 29th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $4.77 million for the quarter. IBC Advanced Alloys had a negative return on equity of 93.25% and a negative net margin of 10.73%.

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.