Inpex (OTCMKTS:IPXHY) Shares Cross Above 50-Day Moving Average – Here’s Why

Shares of Inpex Co. (OTCMKTS:IPXHYGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $12.51 and traded as high as $13.82. Inpex shares last traded at $13.53, with a volume of 116,621 shares changing hands.

Inpex Trading Up 1.1 %

The stock has a market cap of $16.88 billion, a PE ratio of 5.96 and a beta of 0.90. The company has a current ratio of 1.29, a quick ratio of 1.22 and a debt-to-equity ratio of 0.18. The business has a 50 day moving average of $12.51 and a 200-day moving average of $13.04.

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

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.

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