InPlay Oil (TSE:IPO) PT Set at C$18.00 by Roth Capital

InPlay Oil (TSE:IPO) received a C$18.00 price objective from Roth Capital in a note issued to investors on Monday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Roth Capital’s price objective indicates a potential upside of 87.70% from the company’s current price.

Separately, ATB Capital set a C$13.00 price target on shares of InPlay Oil and gave the company an “outperform” rating in a research report on Thursday, June 5th.

InPlay Oil Stock Performance

InPlay Oil stock opened at C$9.59 on Monday. The firm has a market capitalization of C$861.73 million, a P/E ratio of 45.78 and a beta of 2.37. The stock has a fifty day moving average price of C$9.02 and a two-hundred day moving average price of C$4.74. InPlay Oil has a 52-week low of C$6.54 and a 52-week high of C$13.80. The company has a debt-to-equity ratio of 20.44, a current ratio of 0.61 and a quick ratio of 0.51.

About InPlay Oil

InPlay Oil Corp is oil development and production company based in Calgary, Alberta. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, and the production and sale of crude oil, natural gas, and natural gas liquids. The company’s operations are focused on a concentrated light oil asset base located in West Central Alberta.