Inpex Co. (OTCMKTS:IPXHY) Sees Significant Increase in Short Interest

Inpex Co. (OTCMKTS:IPXHY - Get Free Report) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 114,400 shares, a growth of 111.1% from the February 28th total of 54,200 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily volume of 303,800 shares, the days-to-cover ratio is currently 0.4 days.

Inpex Trading Up 0.1 %

IPXHY traded up $0.01 during midday trading on Tuesday, reaching $13.90. 101,821 shares of the company's stock traded hands, compared to its average volume of 142,604. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.29 and a quick ratio of 1.22. Inpex has a 52 week low of $11.45 and a 52 week high of $17.42. The stock has a market capitalization of $17.34 billion, a price-to-earnings ratio of 6.12 and a beta of 0.90. The firm has a fifty day moving average of $12.80 and a two-hundred day moving average of $13.02.

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

About Inpex

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.