Inpex (OTCMKTS:IPXHY) Shares Gap Up – Still a Buy?

Inpex Corp. (OTCMKTS:IPXHYGet Free Report)’s share price gapped up before the market opened on Monday . The stock had previously closed at $19.72, but opened at $20.78. Inpex shares last traded at $20.9475, with a volume of 4,339 shares changing hands.

Inpex Stock Performance

The company has a debt-to-equity ratio of 0.16, a current ratio of 1.52 and a quick ratio of 1.43. The stock’s 50-day simple moving average is $18.43 and its 200 day simple moving average is $15.98. The stock has a market capitalization of $25.33 billion, a P/E ratio of 8.42 and a beta of 0.48.

Inpex (OTCMKTS:IPXHYGet Free Report) last posted its earnings results on Thursday, November 13th. The company reported $0.40 earnings per share (EPS) for the quarter. The company had revenue of $3.20 billion during the quarter. Inpex had a net margin of 20.57% and a return on equity of 9.08%.

Inpex Company Profile

(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

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