InPlay Oil (TSE:IPO) Reaches New 1-Year Low - Should You Sell?

InPlay Oil Corp. (TSE:IPO - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$7.36 and last traded at C$7.37, with a volume of 24430 shares changing hands. The stock had previously closed at C$7.70.

InPlay Oil Stock Down 0.7 %

The company has a current ratio of 0.61, a quick ratio of 0.51 and a debt-to-equity ratio of 20.44. The stock has a market cap of C$666.74 million, a PE ratio of 35.42 and a beta of 2.37. The business has a 50 day moving average of C$2.37 and a 200-day moving average of C$1.98.

InPlay Oil Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 30th will be issued a dividend of $0.015 per share. This represents a $0.18 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date is Tuesday, April 15th. InPlay Oil's dividend payout ratio is currently 85.93%.

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