IBC Advanced Alloys (OTCMKTS:IAALF) Stock Passes Below 50 Day Moving Average of $0.06

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.06 and traded as low as $0.06. IBC Advanced Alloys shares last traded at $0.07, with a volume of 69,000 shares.

IBC Advanced Alloys Price Performance

The company’s fifty day simple moving average is $0.06 and its 200-day simple moving average is $0.05. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.68 and a quick ratio of 0.23. The firm has a market capitalization of $7.15 million, a PE ratio of -1.67 and a beta of 0.85.

IBC Advanced Alloys (OTCMKTS:IAALF) last released its quarterly earnings results on Tuesday, February 13th. The company reported $0.01 earnings per share (EPS) for the quarter. IBC Advanced Alloys had a negative net margin of 11.77% and a negative return on equity of 106.98%. The business had revenue of $10.05 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.