Inpex (OTCMKTS:IPXHY) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Inpex Corp. (OTCMKTS:IPXHY – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $24.01 and traded as low as $23.72. Inpex shares last traded at $23.80, with a volume of 50,185 shares trading hands.

Inpex Trading Down 3.4%

The company has a market capitalization of $25.59 billion, a PE ratio of 10.55 and a beta of 0.20. The company has a quick ratio of 1.24, a current ratio of 1.32 and a debt-to-equity ratio of 0.12. The stock’s fifty day moving average price is $24.34 and its two-hundred day moving average price is $24.03.

About Inpex

(Get Free Report)

INPEX Corporation is a Japan-based energy company engaged in the exploration, development, production and delivery of oil and natural gas. The company supplies crude oil, natural gas and liquefied natural gas (LNG) for customers in Japan and international markets, while also pursuing lower-carbon energy businesses.

INPEX’s major projects include the Ichthys LNG project in Australia, which produces and exports LNG, liquefied petroleum gas and condensate. The company also has interests in energy projects across regions including Japan, Australia, Indonesia and the Middle East.

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