InPlay Oil Corp. (IPO) To Go Ex-Dividend on January 15th

InPlay Oil Corp. (TSE:IPO) announced a monthly dividend on Wednesday, January 15th,TickerTech Dividends reports. Stockholders of record on Friday, January 31st will be given a dividend of 0.015 per share on Friday, January 31st. This represents a $0.18 annualized dividend and a dividend yield of 9.84%. The ex-dividend date of this dividend is Wednesday, January 15th.

InPlay Oil Price Performance

Shares of InPlay Oil stock traded up C$0.03 on Monday, hitting C$1.83. 32,300 shares of the company traded hands, compared to its average volume of 77,286. The stock has a market capitalization of C$164.92 million, a P/E ratio of 6.31 and a beta of 2.37. The company has a debt-to-equity ratio of 19.86, a quick ratio of 0.51 and a current ratio of 1.00. InPlay Oil has a 52 week low of C$1.52 and a 52 week high of C$2.57. The business has a 50-day simple moving average of C$1.74 and a 200 day simple moving average of C$1.99.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Canaccord Genuity Group cut their target price on shares of InPlay Oil from C$3.25 to C$3.00 in a report on Friday, November 15th. Noble Financial raised shares of InPlay Oil to a “strong-buy” rating in a research note on Monday, October 7th.

About InPlay Oil

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 focuses on light oil asset base located in West Central, Alberta. InPlay Oil Corp.