INPLAY OIL CP (OTCMKTS:IPOOF) Upgraded by National Bank Financial to “Strong-Buy” Rating

National Bank Financial upgraded shares of INPLAY OIL CP (OTCMKTS:IPOOF) to a strong-buy rating in a report issued on Sunday morning,Zacks.com reports.

IPOOF has been the topic of several other reports. Zacks Research cut INPLAY OIL CP from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 20th. Roth Capital upgraded INPLAY OIL CP to a “strong-buy” rating in a research report on Monday, July 14th. Finally, National Bankshares started coverage on INPLAY OIL CP in a research report on Monday. They issued an “outperform” rating on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

INPLAY OIL CP Stock Up 1.7%

Shares of INPLAY OIL CP stock opened at $8.65 on Friday. The company has a current ratio of 1.20, a quick ratio of 1.00 and a debt-to-equity ratio of 0.62. The business’s 50 day simple moving average is $7.70 and its 200-day simple moving average is $5.25. The stock has a market capitalization of $241.70 million, a price-to-earnings ratio of -215.92 and a beta of 0.98. INPLAY OIL CP has a twelve month low of $4.72 and a twelve month high of $9.48.

INPLAY OIL CP (OTCMKTS:IPOOF) last announced its quarterly earnings results on Thursday, August 14th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.21). INPLAY OIL CP had a positive return on equity of 1.18% and a negative net margin of 0.63%.The company had revenue of $67.31 million for the quarter, compared to analyst estimates of $64.71 million. Equities research analysts forecast that INPLAY OIL CP will post 0.08 earnings per share for the current year.

INPLAY OIL CP Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, August 29th. Stockholders of record on Monday, August 18th were given a dividend of $0.0653 per share. The ex-dividend date was Friday, August 15th. This represents a dividend yield of 994.0%. INPLAY OIL CP’s dividend payout ratio (DPR) is -1,450.00%.

About INPLAY OIL CP

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.