InPlay Oil (OTCMKTS:IPOOF) Shares Down 2.6%

InPlay Oil Corp. (OTCMKTS:IPOOF) traded down 2.6% during mid-day trading on Monday . The company traded as low as $1.50 and last traded at $1.51. 114,233 shares were traded during trading, an increase of 149% from the average session volume of 45,912 shares. The stock had previously closed at $1.55.

InPlay Oil Trading Down 1.1 %

The firm has a 50 day simple moving average of $1.60 and a two-hundred day simple moving average of $1.67. The firm has a market capitalization of $130.29 million, a P/E ratio of 7.23 and a beta of 1.61. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.53 and a current ratio of 0.68.

InPlay Oil (OTCMKTS:IPOOF) last issued its earnings results on Wednesday, August 14th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. InPlay Oil had a return on equity of 8.94% and a net margin of 15.05%. The business had revenue of $30.30 million during the quarter, compared to the consensus estimate of $30.58 million. Equities research analysts forecast that InPlay Oil Corp. will post 0.13 earnings per share for the current year.

InPlay Oil Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 16th were paid a dividend of $0.0108 per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a yield of 8.29%. InPlay Oil’s dividend payout ratio is currently 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.