InPlay Oil Corp. (OTCMKTS:IPOOF – Get Rating) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 288,100 shares, a growth of 48.0% from the November 30th total of 194,600 shares. Based on an average daily trading volume, of 187,400 shares, the days-to-cover ratio is presently 1.5 days.
InPlay Oil Stock Up 1.9 %
OTCMKTS:IPOOF traded up $0.04 during trading hours on Friday, hitting $2.24. The company’s stock had a trading volume of 82,907 shares, compared to its average volume of 85,275. The stock has a market capitalization of $195.22 million, a P/E ratio of 2.02 and a beta of 1.94. The stock has a fifty day moving average of $2.35 and a 200-day moving average of $2.38. The company has a current ratio of 0.75, a quick ratio of 0.61 and a debt-to-equity ratio of 0.15. InPlay Oil has a 52-week low of $1.51 and a 52-week high of $4.07.
InPlay Oil (OTCMKTS:IPOOF – Get Rating) last posted its earnings results on Wednesday, November 9th. The company reported $0.13 EPS for the quarter. The firm had revenue of $43.69 million for the quarter. InPlay Oil had a return on equity of 53.39% and a net margin of 54.69%.
InPlay Oil Increases Dividend
The business also recently disclosed a dividend, which was paid on Friday, December 30th. Shareholders of record on Thursday, December 15th were paid a $0.0112 dividend. This represents a yield of 6.48%. The ex-dividend date of this dividend was Wednesday, December 14th. This is an increase from InPlay Oil’s previous dividend of $0.01. InPlay Oil’s dividend payout ratio is currently 11.71%.
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.
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