InPlay Oil (TSE:IPO – Get Rating)‘s stock had its “buy” rating restated by equities researchers at Noble Financial in a research note issued to investors on Thursday. They presently have a C$6.00 price target on the stock. Noble Financial’s target price would indicate a potential upside of 101.34% from the company’s current price.
Separately, Atb Cap Markets restated an “outperform” rating on shares of InPlay Oil in a research note on Tuesday.
InPlay Oil Stock Performance
Shares of TSE IPO opened at C$2.98 on Thursday. The stock has a market capitalization of C$259.71 million and a P/E ratio of 2.07. The firm’s 50-day moving average price is C$3.03 and its two-hundred day moving average price is C$3.13. InPlay Oil has a 52-week low of C$2.25 and a 52-week high of C$5.11. The company has a quick ratio of 0.51, a current ratio of 0.75 and a debt-to-equity ratio of 15.34.
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 primarily holds interests in the Cardium assets located in West Central Alberta that focus on the Pembina and Willesden Green pools.
- MarketBeat Week in Review – 1/16 – 1/20
- Does Old Dominion Show That Trucking Is Hitting The Brakes?
- Nordstrom Puts Fear Of Markdowns Into Retail Sector
- Exxon Mobil Stock: Within Striking Distance Of Buy Point
- High-Dividend-Yielding BHP Sees China Driving ’23 Growth
Receive News & Ratings for InPlay Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InPlay Oil and related companies with MarketBeat.com's FREE daily email newsletter.