Inpex (OTCMKTS:IPXHY) Shares Gap Up – Time to Buy?

Inpex Corp. (OTCMKTS:IPXHYGet Free Report)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $18.41, but opened at $19.65. Inpex shares last traded at $19.65, with a volume of 146 shares changing hands.

Inpex Price Performance

The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.43 and a current ratio of 1.52. The business’s 50 day simple moving average is $17.92 and its 200-day simple moving average is $15.39. The stock has a market capitalization of $23.96 billion, a price-to-earnings ratio of 7.97 and a beta of 0.48.

Inpex (OTCMKTS:IPXHYGet Free Report) last posted its earnings results on Friday, August 8th. The company reported $0.56 EPS for the quarter. Inpex had a return on equity of 9.08% and a net margin of 20.57%.The firm had revenue of $3.54 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.

Further Reading

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