InPlay Oil (TSE:IPO) Shares Cross Below Fifty Day Moving Average – Time to Sell?

InPlay Oil Corp. (TSE:IPO)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.65 and traded as low as C$1.60. InPlay Oil shares last traded at C$1.60, with a volume of 108,959 shares.

InPlay Oil Stock Down 2.4 %

The stock has a market cap of C$143.77 million, a price-to-earnings ratio of 7.64 and a beta of 2.37. The stock has a 50 day simple moving average of C$1.65 and a 200 day simple moving average of C$1.78. The company has a quick ratio of 0.51, a current ratio of 0.61 and a debt-to-equity ratio of 20.44.

InPlay Oil Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 31st will be given a $0.015 dividend. This represents a $0.18 annualized dividend and a yield of 11.25%. The ex-dividend date of this dividend is Friday, March 14th. InPlay Oil’s payout ratio is currently 85.93%.

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.