International Petroleum (TSE:IPCO) Trading Up 2.6%

Shares of International Petroleum Co. (TSE:IPCOGet Free Report) rose 2.6% on Tuesday . The company traded as high as C$18.15 and last traded at C$17.97. Approximately 59,033 shares were traded during mid-day trading, a decline of 11% from the average daily volume of 66,535 shares. The stock had previously closed at C$17.52.

Analysts Set New Price Targets

Separately, ATB Capital lifted their price objective on International Petroleum from C$16.50 to C$19.00 in a research note on Monday, April 22nd.

Check Out Our Latest Stock Analysis on IPCO

International Petroleum Price Performance

The company has a market cap of C$2.24 billion, a P/E ratio of 10.45 and a beta of 2.50. The company has a debt-to-equity ratio of 44.41, a quick ratio of 3.93 and a current ratio of 2.94. The company has a fifty day moving average price of C$17.88 and a two-hundred day moving average price of C$16.16.

About International Petroleum

(Get Free Report)

International Petroleum Corporation explores for, develops, and produces oil and gas. The company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. International Petroleum Corporation was incorporated in 2017 and is based in Vancouver, Canada.

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