InPlay Oil Corp. (IPO) To Go Ex-Dividend on December 16th

InPlay Oil Corp. (TSE:IPO) announced a monthly dividend on Monday, December 16th,TickerTech Dividends reports. Investors of record on Tuesday, December 31st will be given a dividend of 0.015 per share on Tuesday, December 31st. This represents a $0.18 dividend on an annualized basis and a yield of 10.78%. The ex-dividend date of this dividend is Monday, December 16th.

InPlay Oil Stock Performance

IPO stock remained flat at C$1.67 during mid-day trading on Friday. 68,706 shares of the company’s stock traded hands, compared to its average volume of 84,168. InPlay Oil has a 1 year low of C$1.63 and a 1 year high of C$2.57. The firm has a market cap of C$150.50 million, a PE ratio of 5.76 and a beta of 2.37. The business has a fifty day simple moving average of C$1.87 and a 200 day simple moving average of C$2.07. The company has a quick ratio of 0.51, a current ratio of 1.00 and a debt-to-equity ratio of 19.86.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on IPO shares. Canaccord Genuity Group reduced their target price on shares of InPlay Oil from C$3.25 to C$3.00 in a research report on Friday, November 15th. Noble Financial raised shares of InPlay Oil to a “strong-buy” rating in a report on Monday, October 7th. Finally, Acumen Capital dropped their price target on shares of InPlay Oil from C$3.75 to C$3.50 in a research report on Friday, August 16th.

InPlay Oil Company Profile

InPlay Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in Canada. The company produces and sells crude oil, natural gas, and natural gas liquids. It focuses on light oil asset base located in West Central, Alberta. InPlay Oil Corp.