IBC Advanced Alloys (OTCMKTS:IAALF) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

IBC Advanced Alloys Corp. (OTCMKTS:IAALF)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.14 and traded as high as $0.1572. IBC Advanced Alloys shares last traded at $0.1545, with a volume of 86,472 shares changing hands.

IBC Advanced Alloys Stock Performance

The company has a market cap of $17.80 million, a PE ratio of -5.15 and a beta of 1.29. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.17 and a current ratio of 0.62. The firm’s 50 day moving average is $0.14 and its 200-day moving average is $0.08.

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

About IBC Advanced Alloys

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.