International Petroleum Co. (TSE:IPCO - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as C$23.87 and last traded at C$23.39, with a volume of 127402 shares changing hands. The stock had previously closed at C$23.53.
Wall Street Analyst Weigh In
Separately, Scotiabank lifted their price target on shares of International Petroleum from C$20.00 to C$23.00 and gave the company a "sector perform" rating in a report on Friday.
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International Petroleum Stock Up 2.2%
The firm has a market cap of C$2.03 billion, a price-to-earnings ratio of 20.46 and a beta of 2.38. The company has a current ratio of 1.92, a quick ratio of 3.93 and a debt-to-equity ratio of 47.72. The stock has a 50-day moving average of C$20.07 and a 200-day moving average of C$19.18.
International Petroleum Company Profile
(
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International Petroleum Corporation explores for, develops, and produces oil and gas. The company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. International Petroleum Corporation was incorporated in 2017 and is based in Vancouver, Canada.
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