INPLAY OIL CP (OTCMKTS:IPOOF) Cut to “Strong Sell” at Zacks Research

Zacks Research cut shares of INPLAY OIL CP (OTCMKTS:IPOOF) from a hold rating to a strong sell rating in a report released on Wednesday,Zacks.com reports.

Separately, Roth Capital upgraded INPLAY OIL CP to a “strong-buy” rating in a report on Monday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy”.

INPLAY OIL CP Stock Up 1.4%

Shares of IPOOF opened at $8.12 on Wednesday. The company has a market capitalization of $226.95 million, a PE ratio of -202.75 and a beta of 0.95. INPLAY OIL CP has a 12 month low of $4.7225 and a 12 month high of $9.8040. The stock’s 50-day moving average price is $7.39 and its two-hundred day moving average price is $4.63. The company has a current ratio of 0.89, a quick ratio of 0.81 and a debt-to-equity ratio of 0.23.

INPLAY OIL CP (OTCMKTS:IPOOF) last issued its quarterly earnings results on Thursday, August 14th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.21). INPLAY OIL CP had a negative net margin of 0.63% and a positive return on equity of 1.28%. The company had revenue of $67.31 million during the quarter, compared to analyst estimates of $64.71 million. On average, analysts anticipate that INPLAY OIL CP will post 0.08 EPS for the current year.

INPLAY OIL CP Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, August 29th. Shareholders of record on Monday, August 18th will be issued a $0.0653 dividend. This represents a yield of 994.0%. The ex-dividend date is Friday, August 15th. INPLAY OIL CP’s payout ratio is presently -1,450.00%.

INPLAY OIL CP 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.