InPlay Oil Corp. (IPO) To Go Ex-Dividend on December 15th

by · The Markets Daily

InPlay Oil Corp. (TSE:IPO – Get Free Report) declared a monthly dividend on Monday, December 15th, TickerTech Dividends reports. Investors of record on Wednesday, December 31st will be given a dividend of 0.09 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 8.4%. The ex-dividend date is Monday, December 15th.

InPlay Oil Trading Up 0.8%

InPlay Oil stock traded up C$0.10 during mid-day trading on Friday, hitting C$12.89. The company’s stock had a trading volume of 34,411 shares, compared to its average volume of 55,970. The company has a debt-to-equity ratio of 20.44, a current ratio of 0.61 and a quick ratio of 0.51. The stock has a market cap of C$358.83 million, a price-to-earnings ratio of 257.80 and a beta of 0.72. The business has a 50 day moving average price of C$12.57 and a 200-day moving average price of C$11.31. InPlay Oil has a 12 month low of C$6.54 and a 12 month high of C$13.73.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. National Bankshares decreased their price target on InPlay Oil from C$16.00 to C$15.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 22nd. National Bank Financial raised shares of InPlay Oil to a “strong-buy” rating in a research report on Sunday, September 7th. Finally, Canaccord Genuity Group upped their price objective on shares of InPlay Oil from C$14.00 to C$15.00 in a research note on Thursday, November 13th. Two investment analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Strong Buy” and a consensus price target of C$15.25.

Check Out Our Latest Stock Report on InPlay Oil

About InPlay Oil

(Get Free Report)

InPlay Oil Corp is oil development and production company based in Calgary, Alberta. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, and the production and sale of crude oil, natural gas, and natural gas liquids. The company’s operations are focused on a concentrated light oil asset base located in West Central Alberta.

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