InPlay Oil (TSE:IPO) Hits New 12-Month High – Here’s What Happened

InPlay Oil Corp. (TSE:IPOGet Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as C$7.57 and last traded at C$7.57, with a volume of 4937 shares trading hands. The stock had previously closed at C$1.27.

InPlay Oil Trading Up 506.3 %

The company has a debt-to-equity ratio of 20.44, a quick ratio of 0.51 and a current ratio of 0.61. The company has a 50 day moving average of C$1.80 and a 200 day moving average of C$1.80. The stock has a market capitalization of C$691.90 million, a price-to-earnings ratio of 36.76 and a beta of 2.37.

InPlay Oil Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 30th will be issued a dividend of $0.015 per share. The ex-dividend date is Tuesday, April 15th. This represents a $0.18 annualized dividend and a dividend yield of 2.34%. InPlay Oil’s dividend payout ratio is presently 85.93%.

InPlay Oil Company Profile

(Get Free Report)

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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