Inplay Oil Cp (OTCMKTS:IPOOF – Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.08, Zacks reports. Inplay Oil Cp had a negative return on equity of 1.00% and a negative net margin of 11.69%.
Inplay Oil Cp Price Performance
OTCMKTS:IPOOF traded up $0.41 during trading hours on Thursday, hitting $12.01. 19,052 shares of the company’s stock traded hands, compared to its average volume of 27,572. Inplay Oil Cp has a 52 week low of $7.64 and a 52 week high of $13.66. The business’s fifty day simple moving average is $10.81 and its two-hundred day simple moving average is $11.59. The company has a quick ratio of 0.72, a current ratio of 0.82 and a debt-to-equity ratio of 0.71. The firm has a market cap of $334.60 million, a P/E ratio of -11.39 and a beta of 0.43.
Wall Street Analysts Forecast Growth
Separately, Zacks Research lowered Inplay Oil Cp from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Inplay Oil Cp currently has a consensus rating of “Moderate Buy”.
About Inplay Oil Cp
InPlay Oil Corp (OTCMKTS: IPOOF) is a Calgary-based exploration and production company focused on the development of oil and natural gas assets in Western Canada. The company’s primary operations are centered in the Montney and Charlie Lake formations of Alberta and northeast British Columbia, where it holds a significant land position. InPlay’s strategy emphasizes liquids-rich natural gas and condensate production, leveraging horizontal drilling and multi-stage completion techniques to enhance well performance and resource recovery.
InPlay’s asset portfolio comprises both established conventional reservoirs and emerging unconventional plays.
Featured Stories
- Five stocks we like better than Inplay Oil Cp
- Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy?
- Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal
- Lumentum Just Delivered the AI Growth Investors Wanted
- Ryman Checks Into a $1.38B Hospitality Upgrade
Receive News & Ratings for Inplay Oil Cp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inplay Oil Cp and related companies with MarketBeat.com's FREE daily email newsletter.
