Inpex (OTCMKTS:IPXHY) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Inpex Co. (OTCMKTS:IPXHY)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $12.54 and traded as low as $12.02. Inpex shares last traded at $12.50, with a volume of 183,716 shares traded.

Inpex Stock Up 2.5 %

The stock’s 50-day moving average price is $12.54 and its two-hundred day moving average price is $13.33. The stock has a market capitalization of $15.60 billion, a PE ratio of 6.19 and a beta of 0.93. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.22 and a current ratio of 1.29.

Inpex (OTCMKTS:IPXHY) last released its earnings results on Tuesday, November 12th. The company reported $0.42 earnings per share for the quarter. The firm had revenue of $3.74 billion for the quarter. Inpex had a net margin of 16.48% and a return on equity of 8.16%.

Inpex Company Profile

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.