International Petroleum (TSE:IPCO) Hits New 52-Week High at $18.19

International Petroleum Co. (TSE:IPCO) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$18.19 and last traded at C$18.15, with a volume of 110448 shares. The stock had previously closed at C$17.28.

Analyst Ratings Changes

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

International Petroleum Price Performance

The company has a debt-to-equity ratio of 41.38, a quick ratio of 3.93 and a current ratio of 3.40. The firm has a market cap of C$2.28 billion, a PE ratio of 9.93 and a beta of 2.53. The firm has a fifty day simple moving average of C$16.44 and a two-hundred day simple moving average of C$15.33.

International Petroleum Company Profile

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.