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Inpex (OTCMKTS:IPXHY) Share Price Passes Above Fifty Day Moving Average - Here's What Happened

Inpex logo with Energy background

Inpex Co. (OTCMKTS:IPXHY - Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $12.83 and traded as high as $14.04. Inpex shares last traded at $13.88, with a volume of 33,298 shares trading hands.

Inpex Stock Down 5.9 %

The stock has a market cap of $15.17 billion, a PE ratio of 5.36 and a beta of 0.60. The business has a 50 day moving average price of $12.88 and a 200 day moving average price of $13.02. 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 released its quarterly earnings data on Thursday, February 13th. The company reported $0.74 EPS for the quarter. The business had revenue of $3.40 billion for the quarter. Inpex had a return on equity of 8.73% and a net margin of 18.86%.

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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