International Petroleum Co. (TSE:IPCO - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$20.61 and last traded at C$20.53, with a volume of 6253 shares trading hands. The stock had previously closed at C$20.34.
Analyst Upgrades and Downgrades
Separately, BMO Capital Markets increased their price target on shares of International Petroleum from C$18.00 to C$20.00 in a report on Tuesday, January 14th.
Check Out Our Latest Analysis on IPCO
International Petroleum Price Performance
The stock's fifty day moving average price is C$18.12 and its 200-day moving average price is C$17.37. The company has a debt-to-equity ratio of 47.72, a quick ratio of 3.93 and a current ratio of 1.92. The firm has a market cap of C$1.74 billion, a PE ratio of 17.47 and a beta of 2.38.
Insider Buying and Selling at International Petroleum
In other International Petroleum news, Director William A.W. Lundin bought 6,250 shares of the company's stock in a transaction on Monday, December 23rd. The stock was purchased at an average cost of C$15.39 per share, for a total transaction of C$96,187.50. 35.60% of the stock is currently owned by 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.
Further Reading
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