InPlay Oil (OTCMKTS:IPOOF) Lifted to “Strong-Buy” at Noble Financial

InPlay Oil (OTCMKTS:IPOOF) was upgraded by equities research analysts at Noble Financial to a “strong-buy” rating in a note issued to investors on Monday, Zacks.com reports.

InPlay Oil Trading Down 2.1 %

InPlay Oil stock opened at $1.52 on Monday. The firm has a 50-day moving average of $1.55 and a 200-day moving average of $1.64. InPlay Oil has a one year low of $1.42 and a one year high of $2.07. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.00 and a quick ratio of 0.75. The company has a market cap of $138.04 million, a price-to-earnings ratio of 7.58 and a beta of 1.60.

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 company had revenue of $30.30 million during the quarter, compared to the consensus estimate of $30.58 million. On average, equities analysts expect that InPlay Oil will post 0.16 earnings per share for the current fiscal year.

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.