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Inpex (OTCMKTS:IPXHY) Shares Cross Above Fifty Day Moving Average - Here's Why

Inpex logo with Oils/Energy background
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Inpex Co. (OTCMKTS:IPXHY - Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $12.51 and traded as high as $13.82. Inpex shares last traded at $13.53, with a volume of 116,621 shares.

Inpex Trading Up 0.3 %

The business's 50 day simple moving average is $12.53 and its two-hundred day simple moving average is $13.01. The stock has a market cap of $16.93 billion, a P/E ratio of 5.98 and a beta of 0.90. 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 net margin of 18.86% and a return on equity of 8.73%. The firm had revenue of $3.40 billion for the quarter.

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.

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