Inpex (OTCMKTS:IPXHY) Shares Gap Down - Here's Why

Key Points

• Inpex Corp. shares opened at $17.28 after closing at $18.05, indicating a notable gap down prior to trading on Friday with a volume of 199 shares.
• The company reported a quarterly earnings per share of $0.56, with a revenue of $3.54 billion for the period ending August 8th.
• Inpex has a market cap of $21.59 billion and a P/E ratio of 7.18, demonstrating relatively low valuations compared to peers.

Inpex Corp. (OTCMKTS:IPXHY - Get Free Report)'s stock price gapped down prior to trading on Friday . The stock had previously closed at $18.05, but opened at $17.28. Inpex shares last traded at $17.28, with a volume of 199 shares traded.

Inpex Price Performance

The stock has a market cap of $21.59 billion, a P/E ratio of 7.18 and a beta of 0.52. The firm has a 50-day moving average price of $16.95 and a 200-day moving average price of $14.64. 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 posted its quarterly earnings data on Friday, August 8th. The company reported $0.56 earnings per share 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 during 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.

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