Inpex (OTCMKTS:IPXHY) Share Price Passes Above 50 Day Moving Average – What’s Next?

Inpex Co. (OTCMKTS:IPXHY)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $12.44 and traded as high as $12.82. Inpex shares last traded at $12.66, with a volume of 200,433 shares.

Inpex Stock Down 0.7 %

The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.22 and a current ratio of 1.29. The firm has a market capitalization of $15.80 billion, a PE ratio of 5.58 and a beta of 0.90. The company has a fifty day moving average price of $12.44 and a 200-day moving average price of $13.11.

Inpex (OTCMKTS:IPXHY) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.74 earnings per share for the quarter. Inpex had a net margin of 18.86% and a return on equity of 8.73%. The company had revenue of $3.40 billion for the quarter.

About Inpex

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.