International Petroleum Co. (TSE:IPCO - Get Free Report) Senior Officer Curtis White acquired 2,000 shares of the business's stock in a transaction on Tuesday, November 5th. The shares were purchased at an average price of C$15.24 per share, for a total transaction of C$30,480.00.
International Petroleum Stock Performance
International Petroleum stock traded down C$0.26 during midday trading on Friday, hitting C$14.94. 53,398 shares of the company were exchanged, compared to its average volume of 66,111. International Petroleum Co. has a fifty-two week low of C$13.23 and a fifty-two week high of C$20.59. The firm has a market capitalization of C$1.80 billion, a PE ratio of 7.80 and a beta of 2.38. The business has a fifty day simple moving average of C$16.99 and a two-hundred day simple moving average of C$18.09. The company has a debt-to-equity ratio of 43.56, a quick ratio of 3.93 and a current ratio of 2.97.
Analyst Upgrades and Downgrades
IPCO has been the subject of several analyst reports. BMO Capital Markets decreased their price target on shares of International Petroleum from C$22.00 to C$20.00 in a research report on Friday, October 4th. Scotiabank raised their target price on shares of International Petroleum from C$20.00 to C$21.00 in a research note on Friday, July 12th. Finally, ATB Capital raised shares of International Petroleum from a "sector perform" rating to an "outperform" rating and lifted their price target for the stock from C$21.00 to C$22.00 in a report on Wednesday, October 16th.
Read Our Latest Research Report on International Petroleum
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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