Inpex (OTCMKTS:IPXHY) Shares Gap Down - What's Next?

Key Points

• Inpex Corp. shares experienced a significant drop, opening at $13.52 after closing at $14.08, and last trading at $14.09 with a volume of 31,121 shares.
• The company reported a P/E ratio of 6.08 and a market cap of $17.52 billion, with a net margin of 19.57% from its latest quarterly earnings.
• Inpex is involved in the exploration and production of oil and natural gas, operating in various global regions including Asia, Europe, and the Americas.

Inpex Corp. (OTCMKTS:IPXHY - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $14.08, but opened at $13.52. Inpex shares last traded at $14.09, with a volume of 31,121 shares trading hands.

Inpex Trading Up 0.8%

The company has a market cap of $17.81 billion, a PE ratio of 6.18 and a beta of 0.55. The stock's 50 day moving average is $14.01 and its 200-day moving average is $13.18. The company has a quick ratio of 1.27, a current ratio of 1.37 and a debt-to-equity ratio of 0.17.

Inpex (OTCMKTS:IPXHY - Get Free Report) last released its quarterly earnings results on Tuesday, May 13th. The company reported $0.69 earnings per share (EPS) for the quarter. The company had revenue of $3.52 billion for the quarter. Inpex had a net margin of 19.57% and a return on equity of 8.68%.

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.