Free Trial

Inpex (OTCMKTS:IPXHY) Shares Pass Below 50-Day Moving Average - Here's Why

Inpex logo with Oils/Energy background

Inpex Co. (OTCMKTS:IPXHY - Get Free Report) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $13.49 and traded as low as $13.15. Inpex shares last traded at $13.32, with a volume of 407,973 shares traded.

Inpex Price Performance

The firm has a market cap of $16.62 billion, a P/E ratio of 6.20 and a beta of 0.97. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.44 and a quick ratio of 1.33. The stock's 50-day simple moving average is $13.49 and its two-hundred day simple moving average is $14.39.

About Inpex

(Get Free Report)

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.

Further Reading

→ Election warning coming true… (From Porter & Company) (Ad)

Should you invest $1,000 in Inpex right now?

Before you consider Inpex, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Inpex wasn't on the list.

While Inpex currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?
Rocket Lab Stock Explodes Higher—What’s Next for This Space Pioneer?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines