International Petroleum Co. (TSE:IPCO - Get Free Report) traded up 2.3% during mid-day trading on Thursday . The company traded as high as C$17.85 and last traded at C$17.69. 80,744 shares changed hands during mid-day trading, an increase of 24% from the average session volume of 65,279 shares. The stock had previously closed at C$17.29.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on IPCO shares. Scotiabank increased their target price on International Petroleum from C$20.00 to C$21.00 in a research report on Friday, July 12th. BMO Capital Markets set a C$22.00 target price on shares of International Petroleum and gave the stock a "market perform" rating in a report on Thursday, August 22nd. Finally, ATB Capital raised their price target on International Petroleum from C$19.00 to C$21.00 and gave the stock a "sector perform" rating in a research report on Wednesday, July 31st.
View Our Latest Report on International Petroleum
International Petroleum Stock Up 2.3 %
The company has a debt-to-equity ratio of 43.56, a quick ratio of 3.93 and a current ratio of 2.97. The company has a market cap of C$2.14 billion, a P/E ratio of 9.46 and a beta of 2.43. The business's fifty day moving average is C$18.42 and its two-hundred day moving average is C$18.13.
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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