InPlay Oil (OTCMKTS:IPOOF) Shares Up 0.6%

InPlay Oil Corp. (OTCMKTS:IPOOF)’s stock price shot up 0.6% during mid-day trading on Tuesday . The company traded as high as $1.57 and last traded at $1.57. 29,662 shares were traded during mid-day trading, a decline of 38% from the average session volume of 48,135 shares. The stock had previously closed at $1.56.

InPlay Oil Stock Down 0.3 %

The firm has a fifty day simple moving average of $1.62 and a 200 day simple moving average of $1.68. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.53 and a current ratio of 0.68. The company has a market cap of $140.14 million, a PE ratio of 7.85 and a beta of 1.63.

InPlay Oil (OTCMKTS:IPOOF) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.04). InPlay Oil had a net margin of 14.56% and a return on equity of 8.67%. The company had revenue of $28.19 million during the quarter, compared to analyst estimates of $33.37 million. Equities research analysts predict that InPlay Oil Corp. will post 0.13 EPS for the current year.

InPlay Oil Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, July 31st. Shareholders of record on Tuesday, July 16th were paid a dividend of $0.011 per share. The ex-dividend date was Monday, July 15th. This represents a yield of 8.01%. InPlay Oil’s dividend payout ratio is presently 65.00%.

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.