Shares of Inter Pipeline Ltd. (TSE:IPL – Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$19.12 and traded as high as C$19.20. Inter Pipeline shares last traded at C$19.12, with a volume of 488,974 shares.
Inter Pipeline Stock Up 1.5 %
The company has a quick ratio of 0.15, a current ratio of 0.20 and a debt-to-equity ratio of 163.02. The company has a market capitalization of C$8.21 billion and a P/E ratio of 17.07. The stock’s 50 day simple moving average is C$19.12.
About Inter Pipeline
Inter Pipeline Ltd. engages in the petroleum transportation and storage, and natural gas liquids (NGL) processing businesses in Canada and Europe. The company operates through four segments: Oil Sands Transportation; Conventional Oil Pipelines; NGL Processing; and Bulk Liquid Storage. The Oil Sands Transportation segment transports petroleum products through Cold Lake, Corridor, and Polaris pipeline systems covering approximately 3,300 kilometers of pipeline and 3.8 million barrels of storage capacity; and related blending and handling services.
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