International Petroleum (TSE:IPCO) Reaches New 52-Week High at $19.85

International Petroleum Co. (TSE:IPCO) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$19.85 and last traded at C$19.85, with a volume of 20391 shares changing hands. The stock had previously closed at C$19.30.

Analyst Ratings Changes

Separately, ATB Capital increased their price target on International Petroleum from C$16.50 to C$19.00 in a research note on Monday, April 22nd.

International Petroleum Trading Up 2.2 %

The firm has a market capitalization of C$2.46 billion, a P/E ratio of 11.22 and a beta of 2.50. The company has a debt-to-equity ratio of 44.41, a quick ratio of 3.93 and a current ratio of 2.94. The firm has a 50 day moving average price of C$18.25 and a two-hundred day moving average price of C$16.59.

About International Petroleum

International Petroleum Corporation explores for, develops, and produces oil and gas. The company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. International Petroleum Corporation was incorporated in 2017 and is based in Vancouver, Canada.