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Short Interest in Inpex Co. (OTCMKTS:IPXHY) Decreases By 29.3%

Inpex logo with Oils/Energy background
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Inpex Co. (OTCMKTS:IPXHY - Get Free Report) was the recipient of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 54,200 shares, a decrease of 29.3% from the February 13th total of 76,700 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 332,200 shares, the days-to-cover ratio is currently 0.2 days.

Inpex Stock Up 2.1 %

Shares of OTCMKTS:IPXHY traded up $0.29 on Thursday, reaching $13.94. The company had a trading volume of 35,329 shares, compared to its average volume of 154,831. The stock has a market capitalization of $17.39 billion, a P/E ratio of 6.14 and a beta of 0.90. The stock has a 50-day moving average price of $12.61 and a 200 day moving average price of $13.02. Inpex has a twelve month low of $11.45 and a twelve month high of $17.42. The company has a quick ratio of 1.22, a current ratio of 1.29 and a debt-to-equity ratio of 0.18.

Inpex (OTCMKTS:IPXHY - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported $0.74 earnings per share for the quarter. Inpex had a return on equity of 8.73% and a net margin of 18.86%. The firm had revenue of $3.40 billion during the quarter.

About Inpex

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Inpex Corporation engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan, rest of Asia and Oceania, Europe and NIS countries, the Middle East and Africa, and the Americas. The company is involved in the investment and lending to the companies engaged in mineral resources business, etc.

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