InPlay Oil (TSE:IPO - Get Free Report) has been given a C$13.00 price target by ATB Capital in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has an "outperform" rating on the stock. ATB Capital's target price suggests a potential upside of 36.55% from the stock's current price.
InPlay Oil Stock Up 2.0%
Shares of IPO stock traded up C$0.19 on Thursday, hitting C$9.52. The company's stock had a trading volume of 149,081 shares, compared to its average volume of 43,868. The company has a debt-to-equity ratio of 20.44, a current ratio of 0.61 and a quick ratio of 0.51. InPlay Oil has a fifty-two week low of C$6.54 and a fifty-two week high of C$13.92. The firm's fifty day moving average price is C$6.11 and its 200-day moving average price is C$3.21. The stock has a market capitalization of C$855.44 million, a price-to-earnings ratio of 45.45 and a beta of 2.37.
InPlay Oil Company Profile
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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.
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