Inpex (OTCMKTS:IPXHY) Hits New 1-Year High - Here's What Happened

Key Points

• Inpex Corp.'s stock reached a new 52-week high of $17.77 during trading on Wednesday, closing slightly lower at $17.76 with a trading volume of 13,788 shares.
• The company's market capitalization stands at $22.12 billion, with a P/E ratio of 7.36 and a low debt-to-equity ratio of 0.16.
• Inpex reported earnings of $0.56 per share for the last quarter, with a revenue of $3.54 billion and a net margin of 20.57%.

Inpex Corp. (OTCMKTS:IPXHY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $17.77 and last traded at $17.76, with a volume of 13788 shares. The stock had previously closed at $17.45.

Inpex Stock Down 0.1%

The company has a debt-to-equity ratio of 0.16, a current ratio of 1.52 and a quick ratio of 1.43. The business's 50 day moving average is $15.45 and its 200-day moving average is $14.02. The company has a market cap of $22.46 billion, a PE ratio of 7.47 and a beta of 0.58.

Inpex (OTCMKTS:IPXHY - Get Free Report) last released its quarterly earnings data on Friday, August 8th. The company reported $0.56 earnings per share for the quarter. Inpex had a net margin of 20.57% and a return on equity of 9.08%. The company had revenue of $3.54 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.