International Petroleum Co. (TSE:IPCO - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$21.28 and last traded at C$21.16, with a volume of 14077 shares traded. The stock had previously closed at C$20.94.
Analyst Ratings Changes
Separately, BMO Capital Markets lifted their price target on shares of International Petroleum from C$18.00 to C$20.00 in a research note on Tuesday, January 14th.
Check Out Our Latest Stock Analysis on International Petroleum
International Petroleum Trading Down 2.8 %
The stock has a market cap of C$1.71 billion, a price-to-earnings ratio of 17.21 and a beta of 2.38. The business's fifty day simple moving average is C$18.74 and its 200 day simple moving average is C$17.47. The company has a debt-to-equity ratio of 47.72, a current ratio of 1.92 and a quick ratio of 3.93.
Insiders Place Their Bets
In other International Petroleum news, Director William A.W. Lundin acquired 6,250 shares of the firm's stock in a transaction on Monday, December 23rd. The stock was purchased at an average price of C$15.39 per share, with a total value of C$96,187.50. 35.60% of the stock is currently owned by corporate insiders.
About International Petroleum
(
Get Free Report)
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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