Inpex (OTCMKTS:IPXHY) Reaches New 52-Week High - Still a Buy?

Key Points

• Inpex Corp. reached a new 52-week high with shares trading up to $17.33 before closing at $17.21, reflecting a 2.6% increase.
• The company reported a net margin of 20.57% and $3.54 billion in revenue for the last quarter, highlighting its financial strength.
• Inpex has a market capitalization of $21.62 billion and is actively engaged in mineral resource exploration and development across various global regions.

Inpex Corp. (OTCMKTS:IPXHY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $17.33 and last traded at $17.21, with a volume of 41807 shares trading hands. The stock had previously closed at $16.89.

Inpex Stock Up 2.6%

The company's fifty day moving average price is $14.80 and its 200-day moving average price is $13.72. The stock has a market cap of $21.62 billion, a P/E ratio of 7.19 and a beta of 0.57. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.43 and a current ratio of 1.52.

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

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.

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