InPlay Oil (TSE:IPO) Stock Price Passes Below Fifty Day Moving Average - Here's What Happened

InPlay Oil Corp. (TSE:IPO - Get Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.65 and traded as low as C$1.60. InPlay Oil shares last traded at C$1.60, with a volume of 108,959 shares traded.

InPlay Oil Stock Performance

The company's 50-day simple moving average is C$1.64 and its 200-day simple moving average is C$1.77. The stock has a market capitalization of C$145.57 million, a price-to-earnings ratio of 7.73 and a beta of 2.37. The company has a current ratio of 0.61, a quick ratio of 0.51 and a debt-to-equity ratio of 20.44.

InPlay Oil Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 31st were issued a $0.015 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.18 dividend on an annualized basis and a yield of 11.11%. InPlay Oil's payout ratio is 85.93%.

About InPlay Oil

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.