Inpex (OTCMKTS:IPXHY) Reaches New 1-Year High - Time to Buy?

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 stock price hit a new 52-week high on Wednesday . The stock traded as high as $17.77 and last traded at $17.76, with a volume of 13788 shares changing hands. The stock had previously closed at $17.45.

Inpex Price Performance

The firm's fifty day simple moving average is $15.45 and its two-hundred day simple moving average is $14.04. The company has a quick ratio of 1.43, a current ratio of 1.52 and a debt-to-equity ratio of 0.16. The firm has a market cap of $22.47 billion, a PE ratio of 7.47 and a beta of 0.57.

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

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.