InPlay Oil (TSE:IPO) Director Sells C$21,341.60 in Stock

InPlay Oil Corp. (TSE:IPO) Director Stephen Curtis Nikiforuk sold 1,480 shares of the company’s stock in a transaction dated Friday, July 3rd. The stock was sold at an average price of C$14.42, for a total value of C$21,341.60. Following the completion of the transaction, the director directly owned 4,000 shares of the company’s stock, valued at approximately C$57,680. This trade represents a 27.01% decrease in their position.

InPlay Oil Price Performance

IPO traded down C$0.23 on Monday, hitting C$14.10. 33,020 shares of the company’s stock traded hands, compared to its average volume of 114,529. The company’s 50 day simple moving average is C$16.36 and its 200-day simple moving average is C$15.57. The company has a current ratio of 0.82, a quick ratio of 0.51 and a debt-to-equity ratio of 72.27. InPlay Oil Corp. has a one year low of C$9.09 and a one year high of C$18.96. The firm has a market cap of C$394.88 million, a price-to-earnings ratio of -10.29 and a beta of 0.37.

InPlay Oil (TSE:IPO) last announced its quarterly earnings data on Friday, May 8th. The company reported C($1.24) earnings per share (EPS) for the quarter. InPlay Oil had a negative net margin of 12.40% and a negative return on equity of 10.86%. The company had revenue of C$31.77 million for the quarter. As a group, research analysts anticipate that InPlay Oil Corp. will post 0.3500838 EPS for the current year.

InPlay Oil Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 31st will be paid a $0.09 dividend. The ex-dividend date is Wednesday, July 15th. This represents a c) annualized dividend and a yield of 7.7%. InPlay Oil’s payout ratio is presently -78.83%.

About InPlay Oil

InPlay is a junior oil and gas exploration and production company with operations in Alberta focused on light oil production. The company operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential as well as undeveloped lands with exploration possibilities.