International Petroleum Co. (TSE:IPCO - Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The company 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.
Analyst Upgrades and Downgrades
Separately, Scotiabank increased their price objective 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.
View Our Latest Stock Report on International Petroleum
International Petroleum Stock Performance
The company has a debt-to-equity ratio of 47.72, a quick ratio of 3.93 and a current ratio of 1.92. The business's fifty day simple moving average is C$20.07 and its 200-day simple moving average is C$19.15. The firm has a market capitalization of C$2.03 billion, a PE ratio of 20.46 and a beta of 2.38.
About International Petroleum
(
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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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