Inpex (OTCMKTS:IPXHY) Shares Gap Down – Time to Sell?

Inpex Corp. (OTCMKTS:IPXHYGet Free Report)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $21.05, but opened at $20.35. Inpex shares last traded at $20.35, with a volume of 1,134 shares.

Inpex Stock Up 1.6%

The company has a current ratio of 1.52, a quick ratio of 1.43 and a debt-to-equity ratio of 0.16. The business’s 50-day simple moving average is $18.92 and its 200 day simple moving average is $16.43. The firm has a market cap of $25.63 billion, a PE ratio of 8.59 and a beta of 0.37.

Inpex (OTCMKTS:IPXHYGet Free Report) last announced its earnings results on Thursday, November 13th. The company reported $0.40 earnings per share (EPS) for the quarter. The business had revenue of $3.20 billion for the quarter. Inpex had a return on equity of 8.82% and a net margin of 21.08%.

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.

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