IBC Advanced Alloys (OTCMKTS:IAALF) Stock Price Passes Above 50 Day Moving Average – What’s Next?

IBC Advanced Alloys Corp. (OTCMKTS:IAALF)’s share price crossed 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 changing hands.

IBC Advanced Alloys Stock Down 2.7%

The business’s 50 day simple moving average is $0.15 and its 200 day simple moving average is $0.10. The company has a current ratio of 0.62, a quick ratio of 0.17 and a debt-to-equity ratio of 2.78. The firm has a market capitalization of $17.29 million, a PE ratio of -5.00 and a beta of 1.24.

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