InPlay Oil Corp. (OTCMKTS:IPOOF - Get Free Report) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 872,000 shares, a growth of 109.5% from the February 13th total of 416,300 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average trading volume of 175,100 shares, the short-interest ratio is presently 5.0 days.
InPlay Oil Stock Performance
Shares of IPOOF stock traded up $0.02 on Tuesday, hitting $1.12. The company's stock had a trading volume of 41,293 shares, compared to its average volume of 62,282. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.45 and a current ratio of 0.61. The stock's 50 day moving average is $1.17 and its 200-day moving average is $1.29. InPlay Oil has a fifty-two week low of $1.02 and a fifty-two week high of $1.99. The company has a market capitalization of $102.00 million, a PE ratio of 8.00 and a beta of 1.45.
InPlay Oil (OTCMKTS:IPOOF - Get Free Report) last announced its quarterly earnings data on Friday, March 14th. The company reported $0.03 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.03. The firm had revenue of $27.82 million for the quarter, compared to the consensus estimate of $38.59 million. InPlay Oil had a net margin of 11.66% and a return on equity of 6.39%. Equities research analysts expect that InPlay Oil will post 0.08 earnings per share for the current fiscal year.
InPlay Oil Increases Dividend
The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a dividend of $0.0104 per share. This represents a yield of 11.57%. This is an increase from InPlay Oil's previous dividend of $0.01. The ex-dividend date of this dividend is Friday, March 14th. InPlay Oil's dividend payout ratio is presently 85.71%.
InPlay Oil Company Profile
(
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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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