International Petroleum (OTCMKTS:IPCFF) Trading 0.2% Higher – Still a Buy?

International Petroleum Co. (OTCMKTS:IPCFFGet Free Report)’s stock price shot up 0.2% on Friday . The company traded as high as $18.95 and last traded at $18.8880. 8,636 shares traded hands during trading, a decline of 16% from the average session volume of 10,331 shares. The stock had previously closed at $18.8525.

Analysts Set New Price Targets

A number of research analysts have commented on IPCFF shares. Royal Bank Of Canada assumed coverage on shares of International Petroleum in a research note on Tuesday, September 2nd. They issued a “sector perform” rating on the stock. Scotiabank reissued a “sector perform” rating on shares of International Petroleum in a report on Thursday, October 9th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on IPCFF

International Petroleum Stock Up 0.2%

The company’s 50 day moving average price is $16.78 and its 200 day moving average price is $16.31.

International Petroleum Company Profile

(Get Free Report)

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.

Further Reading

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