InPlay Oil (OTCMKTS:IPOOF) Stock Price Down 2.6%

InPlay Oil Corp. (OTCMKTS:IPOOF) shares fell 2.6% on Monday . The stock traded as low as $1.50 and last traded at $1.51. 114,233 shares traded hands during trading, an increase of 149% from the average session volume of 45,912 shares. The stock had previously closed at $1.55.

InPlay Oil Price Performance

The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.53 and a current ratio of 0.68. The stock has a market capitalization of $137.57 million, a PE ratio of 7.55 and a beta of 1.61. The stock’s 50 day moving average is $1.60 and its two-hundred day moving average is $1.68.

InPlay Oil (OTCMKTS:IPOOF) last issued its quarterly earnings results on Wednesday, August 14th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. InPlay Oil had a return on equity of 8.94% and a net margin of 15.05%. The firm had revenue of $30.30 million for the quarter, compared to analyst estimates of $30.58 million. On average, equities analysts anticipate that InPlay Oil Corp. will post 0.13 EPS for the current fiscal year.

InPlay Oil Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were paid a dividend of $0.0108 per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a yield of 8.29%. InPlay Oil’s dividend payout ratio is presently 65.00%.

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.