Inter Pipeline Ltd. (TSE:IPL – Get Free Report)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$19.12 and traded as high as C$19.20. Inter Pipeline shares last traded at C$19.12, with a volume of 488,974 shares traded.
Inter Pipeline Trading Up 1.5 %
The company has a current ratio of 0.20, a quick ratio of 0.15 and a debt-to-equity ratio of 163.02. The firm has a market capitalization of C$8.21 billion and a PE ratio of 17.07. The company has a 50-day simple moving average of C$19.12.
Inter Pipeline Company Profile
Inter Pipeline Ltd. engages in the petroleum transportation and storage, and natural gas liquids (NGL) processing businesses in Canada and Europe. The company operates through four segments: Oil Sands Transportation; Conventional Oil Pipelines; NGL Processing; and Bulk Liquid Storage. The Oil Sands Transportation segment transports petroleum products through Cold Lake, Corridor, and Polaris pipeline systems covering approximately 3,300 kilometers of pipeline and 3.8 million barrels of storage capacity; and related blending and handling services.
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