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

IBC Advanced Alloys Corp. (OTCMKTS:IAALF) 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 $0.06. IBC Advanced Alloys shares last traded at $0.06, with a volume of 22,600 shares.

IBC Advanced Alloys Stock Down 1.7 %

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

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.