InPlay Oil Corp.’s stock price (TSE:IPO – Get Rating) was down 6.2% during trade on Friday. The company traded as low as C$3.50 and last traded at C$3.50. During midday trading, 120,664 shares were traded, down 77% from the average session volume of 533,327 shares. The stock had previously closed at CAD$3.73.
Analyst upgrades and downgrades
Separately, Noble Financial reaffirmed a “buy” rating and issued a $6.00 target price on shares of InPlay Oil in a report on Friday.
InPlay oil trading down 5.1%
The company has a quick ratio of 0.29, a current ratio of 0.36 and a debt to equity ratio of 34.57. The company’s 50-day moving average is $3.30 and the 200-day moving average is $3.56. The company has a market cap of CA$306.62 million and a P/E ratio of 1.85.
InPlay Oil (TSE:IPO – Get Rating) last released its quarterly earnings results on Wednesday, May 11th. The company reported $0.21 per share for the quarter. The company had revenue of $52.16 million for the quarter. Analysts expect InPlay Oil Corp. will post 0.4188859 EPS for the year to date.
About InPlay Oil
(get rating)
InPlay Oil Corp. is engaged in the acquisition, exploration, development and production of oil and gas properties in Canada. The Company produces and sells crude oil, natural gas and natural gas liquids. It primarily holds interests in the Cardium assets in West Central Alberta, centered on the Pembina and Willesden Green pools.
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