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

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

InPlay Oil Stock Down 1.7 %

Shares of IPOOF traded down $0.02 during trading on Friday, reaching $1.17. The company’s stock had a trading volume of 39,046 shares, compared to its average volume of 46,530. The company has a market cap of $105.44 million, a price-to-earnings ratio of 8.36 and a beta of 1.60. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 0.19. The company has a fifty day moving average of $1.34 and a two-hundred day moving average of $1.50. InPlay Oil has a twelve month low of $1.13 and a twelve month high of $1.99.

Wall Street Analyst Weigh In

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

About InPlay Oil

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.