InPlay Oil (TSE:IPO - Get Free Report) received a C$18.00 price objective from investment analysts at Roth Capital in a research report issued on Monday,BayStreet.CA reports. The firm currently has a "buy" rating on the stock. Roth Capital's price target points to a potential upside of 82.93% from the company's previous close.
Separately, ATB Capital set a C$13.00 price target on shares of InPlay Oil and gave the company an "outperform" rating in a report on Thursday, June 5th.
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InPlay Oil Price Performance
Shares of IPO traded up C$0.18 during midday trading on Monday, hitting C$9.84. 189,420 shares of the company traded hands, compared to its average volume of 54,941. The company has a debt-to-equity ratio of 20.44, a quick ratio of 0.51 and a current ratio of 0.61. InPlay Oil has a 52 week low of C$6.54 and a 52 week high of C$13.80. The firm has a 50 day moving average of C$8.90 and a 200-day moving average of C$4.65. The stock has a market cap of C$884.20 million, a price-to-earnings ratio of 46.98 and a beta of 2.37.
About InPlay Oil
(
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InPlay Oil Corp is oil development and production company based in Calgary, Alberta. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, and the production and sale of crude oil, natural gas, and natural gas liquids. The company's operations are focused on a concentrated light oil asset base located in West Central Alberta.
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