Inter Pipeline Ltd. (TSE:IPL – Get Free Report)’s stock price rose 1.5% during trading on Tuesday . The stock traded as high as C$19.20 and last traded at C$19.12. Approximately 488,974 shares were traded during trading, a decline of 74% from the average daily volume of 1,875,233 shares. The stock had previously closed at C$18.84.
Inter Pipeline Stock Up 1.5 %
The company has a quick ratio of 0.15, a current ratio of 0.20 and a debt-to-equity ratio of 163.02. The company has a market capitalization of C$8.21 billion and a PE ratio of 17.07. The stock’s 50-day simple moving average is C$19.12.
About Inter Pipeline
Inter Pipeline Ltd. engages in the petroleum transportation and storage, and natural gas liquids (NGL) processing businesses in Canada and Europe. The company operates through four segments: Oil Sands Transportation; Conventional Oil Pipelines; NGL Processing; and Bulk Liquid Storage. The Oil Sands Transportation segment transports petroleum products through Cold Lake, Corridor, and Polaris pipeline systems covering approximately 3,300 kilometers of pipeline and 3.8 million barrels of storage capacity; and related blending and handling services.
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