InPlay Oil Corp. (OTCMKTS:IPOOF – Get Rating) was the recipient of a large growth in short interest during the month of August. As of August 15th, there was short interest totalling 227,700 shares, a growth of 102.0% from the July 31st total of 112,700 shares. Based on an average daily volume of 212,800 shares, the days-to-cover ratio is currently 1.1 days.
Analyst Ratings Changes
Separately, Canaccord Genuity Group started coverage on shares of InPlay Oil in a research report on Thursday. They issued a "buy" rating and a C$6.25 price objective for the company.
Get InPlay Oil alerts:InPlay Oil Stock Performance
Shares of OTCMKTS IPOOF traded down $0.08 during midday trading on Friday, reaching $2.82. 33,845 shares of the stock were exchanged, compared to its average volume of 246,651. The firm has a market cap of $245.70 million, a price-to-earnings ratio of 2.61 and a beta of 1.86. InPlay Oil has a twelve month low of $0.80 and a twelve month high of $4.07. The firm has a 50-day simple moving average of $2.44 and a two-hundred day simple moving average of $2.80. The company has a quick ratio of 0.32, a current ratio of 0.36 and a debt-to-equity ratio of 0.13.
InPlay Oil Company Profile
(Get Rating)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 primarily holds interests in the Cardium assets located in West Central Alberta that focus on the Pembina and Willesden Green pools.
See Also
- Get a free copy of the StockNews.com research report on InPlay Oil (IPOOF)
- Why This Dip in Advanced Auto Parts May be an Opportunity
- MarketBeat: Week in Review 8/22 – 8/26
- Institutional Buying Put A Bottom In Marvell Technology
- Dell Stock Retreats On Weaker Sales, Falls Into Value Terrirtory
- 3 Reasons Dollar General's Rally Has Legs
Receive News & Ratings for InPlay Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InPlay Oil and related companies with MarketBeat.com's FREE daily email newsletter.