Intelligent Living Application Group (NASDAQ:ILAG) Stock Price Up 7.8% – Still a Buy?

Intelligent Living Application Group Inc. (NASDAQ:ILAG) shares rose 7.8% on Monday . The company traded as high as $3.61 and last traded at $3.7740. Approximately 276 shares changed hands during trading, a decline of 92% from the average daily volume of 3,616 shares. The stock had previously closed at $3.50.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Intelligent Living Application Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 2nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Intelligent Living Application Group Stock Down 11.8%

The company has a current ratio of 1.97, a quick ratio of 0.41 and a debt-to-equity ratio of 0.03. The stock’s fifty day moving average is $3.68 and its two-hundred day moving average is $3.52.

Intelligent Living Application Group (NASDAQ:ILAG) last posted its quarterly earnings data on Friday, April 24th. The company reported ($3.40) EPS for the quarter. The business had revenue of $1.09 million for the quarter.

About Intelligent Living Application Group

Intelligent Living Application Group Inc, through its subsidiaries, manufactures and sells mechanical locksets to customers in the United States and Canada. Its mechanical locksets consist of deadbolts, entry locksets, privacy locksets, and passage locksets as well as storerooms locks. The company offers locksets for outdoors comprising main entrances and gates, and indoor uses. Intelligent Living Application Group Inc was founded in 1981 and is headquartered in Kwai Chung, Hong Kong.