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

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) shares passed below its fifty day moving average during trading on Thursday . 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 $0.06, with a volume of 35,000 shares changing hands.

IBC Advanced Alloys Stock Performance

The stock has a 50-day simple moving average of $0.06 and a 200-day simple moving average of $0.06. The company has a market capitalization of $6.81 million, a price-to-earnings ratio of 3.00 and a beta of 1.09. The company has a current ratio of 0.81, a quick ratio of 0.33 and a debt-to-equity ratio of 1.18.

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

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.