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. Shareholders 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 dividend on an annualized basis and a yield of 9.68%. The ex-dividend date of this dividend is Wednesday, January 15th.

InPlay Oil Price Performance

IPO stock traded up C$0.06 during trading on Monday, reaching C$1.86. 57,915 shares of the company were exchanged, compared to its average volume of 80,173. The company has a 50-day moving average of C$1.74 and a two-hundred day moving average of C$1.99. The company has a market capitalization of C$167.62 million, a price-to-earnings ratio of 6.41 and a beta of 2.37. InPlay Oil has a twelve month low of C$1.52 and a twelve month high of C$2.57. The company has a debt-to-equity ratio of 19.86, a current ratio of 1.00 and a quick ratio of 0.51.

Analyst Ratings Changes

IPO has been the subject of several recent research reports. Canaccord Genuity Group decreased their price target on shares of InPlay Oil from C$3.25 to C$3.00 in a research 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.