IBC Advanced Alloys (OTCMKTS:IAALF) Shares Cross Above 50-Day Moving Average – Here’s What Happened

by · The Cerbat Gem

IBC Advanced Alloys Corp. (OTCMKTS:IAALF – Get Free Report)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.15 and traded as high as $0.15. IBC Advanced Alloys shares last traded at $0.15, with a volume of 4,348 shares trading hands.

IBC Advanced Alloys Trading Down 2.4%

The stock has a market capitalization of $16.87 million, a P/E ratio of -4.88 and a beta of 1.24. The business has a 50 day simple moving average of $0.15 and a 200-day simple moving average of $0.10. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.17 and a current ratio of 0.62.

IBC Advanced Alloys (OTCMKTS:IAALF – Get Free Report) last announced its earnings results on Monday, December 1st. The company reported ($0.01) earnings per share for the quarter. IBC Advanced Alloys had a negative net margin of 17.02% and a negative return on equity of 95.16%. The firm had revenue of $4.17 million for the quarter.

About IBC Advanced Alloys

(Get Free Report)

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.

Recommended Stories