InPlay Oil Corp. (IPOOF) to Issue Dividend of $0.01 on December 31st

InPlay Oil Corp. (OTCMKTS:IPOOF) declared a dividend on Saturday, December 14th,investing.com reports. Shareholders of record on Tuesday, December 17th will be paid a dividend of 0.0107 per share on Tuesday, December 31st. This represents a yield of 10.99%. The ex-dividend date is Monday, December 16th.

InPlay Oil Price Performance

Shares of OTCMKTS IPOOF traded down $0.02 during midday trading on Friday, hitting $1.17. The stock had a trading volume of 39,046 shares, compared to its average volume of 46,530. The company has a market capitalization of $105.44 million, a PE ratio of 8.36 and a beta of 1.60. The stock has a 50 day simple moving average of $1.34 and a 200-day simple moving average of $1.50. InPlay Oil has a 1 year low of $1.13 and a 1 year high of $1.99. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 0.19.

Wall Street Analysts Forecast Growth

Separately, Noble Financial raised InPlay Oil to a “strong-buy” rating in a research note on Monday, October 7th.

InPlay Oil Company Profile

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.