IBC Advanced Alloys (OTCMKTS:IAALF) Stock Crosses Below 50 Day Moving Average – Here’s Why

IBC Advanced Alloys Corp. (OTCMKTS:IAALF)’s share price passed 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 $0.06. IBC Advanced Alloys shares last traded at $0.06, with a volume of 22,600 shares changing hands.

IBC Advanced Alloys Stock Performance

The firm has a market cap of $6.52 million, a price-to-earnings ratio of 2.88 and a beta of 1.13. The firm’s 50 day moving average is $0.06 and its 200-day moving average is $0.05. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.28 and a current ratio of 0.81.

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.