InPlay Oil Corp. (TSE:IPO – Get Free Report) insider Darren Dittmer sold 11,317 shares of the business’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of C$17.71, for a total transaction of C$200,424.07. Following the completion of the sale, the insider owned 194,798 shares in the company, valued at approximately C$3,449,872.58. The trade was a 5.49% decrease in their position.
InPlay Oil Stock Up 1.4%
IPO opened at C$18.38 on Wednesday. The company has a market capitalization of C$508.21 million, a PE ratio of -40.84 and a beta of 0.41. The firm has a 50-day simple moving average of C$16.22 and a two-hundred day simple moving average of C$16.43. The company has a quick ratio of 0.51, a current ratio of 0.99 and a debt-to-equity ratio of 76.05. InPlay Oil Corp. has a 52 week low of C$11.00 and a 52 week high of C$18.96.
InPlay Oil (TSE:IPO – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported C$0.78 EPS for the quarter. InPlay Oil had a negative return on equity of 3.81% and a negative net margin of 4.07%.The company had revenue of C$248.23 million for the quarter. Analysts forecast that InPlay Oil Corp. will post 0.3500838 earnings per share for the current fiscal year.
InPlay Oil Dividend Announcement
Analyst Upgrades and Downgrades
Separately, National Bank Financial cut their price objective on shares of InPlay Oil from C$27.50 to C$22.50 and set an “outperform” rating on the stock in a research report on Wednesday, July 8th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$18.33.
Check Out Our Latest Analysis on InPlay Oil
InPlay Oil Company Profile
InPlay is a junior oil and gas exploration and production company with operations in Alberta focused on light oil production. The company operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential as well as undeveloped lands with exploration possibilities.
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