InPlay Oil Corp. to Issue Dividend of $0.01 (OTCMKTS:IPOOF)

InPlay Oil Corp. (OTCMKTS:IPOOF) announced a dividend on Wednesday, November 13th,investing.com reports. Stockholders of record on Monday, November 18th will be paid a dividend of 0.0108 per share on Friday, November 29th. This represents a dividend yield of 10.5%. The ex-dividend date is Friday, November 15th.

InPlay Oil Stock Performance

OTCMKTS IPOOF traded up $0.02 on Thursday, hitting $1.25. The stock had a trading volume of 13,707 shares, compared to its average volume of 45,355. The company’s 50-day moving average is $1.44 and its two-hundred day moving average is $1.57. The company has a quick ratio of 0.75, a current ratio of 1.00 and a debt-to-equity ratio of 0.19. The stock has a market cap of $112.65 million, a price-to-earnings ratio of 6.25 and a beta of 1.62. InPlay Oil has a one year low of $1.22 and a one year high of $1.99.

InPlay Oil (OTCMKTS:IPOOF) last posted its quarterly earnings data on Wednesday, August 14th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. InPlay Oil had a net margin of 15.05% and a return on equity of 8.94%. The firm had revenue of $30.30 million during the quarter, compared to analyst estimates of $30.58 million. On average, analysts expect that InPlay Oil will post 0.14 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Noble Financial upgraded shares of InPlay Oil to a “strong-buy” rating in a research report 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.