InPlay Oil (TSE:IPO – Get Free Report) The price target was cut by investment analysts at Acumen Capital to CAD 3.50 from CAD 3.75 in a research note issued to investors on Friday, BayStreet.CA reports. Acumen Capital’s price target suggests a potential upside of 59.82% from the stock’s last closing price.
Performance of InPlay Oil shares
The IPO on the TSE opened at C$2.19 on Friday. The stock has a 50-day moving average of C$2.22 and a 200-day moving average of C$2.29. The company has a liquidity of 0.68, a quick ratio of 0.51 and a debt-to-equity ratio of 18.92. The stock has a market capitalization of C$197.36 million, a P/E ratio of 7.82 and a beta of 2.41. InPlay Oil has a twelve-month low of C$2.03 and a twelve-month high of C$2.86.
About InPlay Oil
(Get free report)
InPlay Oil Corp. is engaged in the acquisition, exploration, development and production of oil and natural gas properties in Canada. The company produces and sells crude oil, natural gas and natural gas liquids. It focuses on light oil properties in West Central, Alberta. InPlay Oil Corp.
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