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

IBC Advanced Alloys Corp. (OTCMKTS:IAALF)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.06 and traded as low as $0.05. IBC Advanced Alloys shares last traded at $0.06, with a volume of 6,433 shares traded.

IBC Advanced Alloys Stock Performance

The company has a debt-to-equity ratio of 1.18, a current ratio of 0.81 and a quick ratio of 0.33. The company has a 50 day simple moving average of $0.06 and a 200-day simple moving average of $0.05. The stock has a market capitalization of $7.09 million, a P/E ratio of 3.13 and a beta of 1.08.

IBC Advanced Alloys (OTCMKTS:IAALF) last released its quarterly earnings data on Wednesday, November 27th. The company reported ($0.01) EPS for the quarter. IBC Advanced Alloys had a return on equity of 34.23% and a net margin of 4.40%.

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.