International Land Alliance (OTCMKTS:ILALD) Shares Gap Up – Here’s What Happened

International Land Alliance, Inc. (OTCMKTS:ILALD)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $8.50, but opened at $10.00. International Land Alliance shares last traded at $10.00, with a volume of 255 shares.

International Land Alliance Price Performance

The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.29. The stock’s 50-day simple moving average is $11.95 and its 200 day simple moving average is $10.72. The firm has a market cap of $1.26 billion, a P/E ratio of -210.00 and a beta of -0.87.

International Land Alliance (OTCMKTS:ILALD) last posted its quarterly earnings results on Wednesday, November 19th. The company reported ($1.00) earnings per share for the quarter. The company had revenue of $0.56 million during the quarter. International Land Alliance had a negative net margin of 196.48% and a negative return on equity of 41.90%.

About International Land Alliance

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.