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International Petroleum (TSE:IPCO) Stock Price Up 4.1% - Should You Buy?

International Petroleum logo with Energy background

Shares of International Petroleum Co. (TSE:IPCO - Get Free Report) rose 4.1% on Tuesday . The company traded as high as C$20.02 and last traded at C$19.94. Approximately 103,533 shares were traded during mid-day trading, a decline of 3% from the average daily volume of 106,243 shares. The stock had previously closed at C$19.16.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets upped their price objective on International Petroleum from C$18.00 to C$20.00 in a research note on Tuesday, January 14th.

View Our Latest Analysis on IPCO

International Petroleum Trading Down 1.2 %

The company has a market cap of C$1.69 billion, a price-to-earnings ratio of 16.97 and a beta of 2.38. 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 firm has a fifty day moving average price of C$19.88 and a 200 day moving average price of C$17.94.

International Petroleum Company Profile

(Get Free Report)

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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