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Inpex (OTCMKTS:IPXHY) Shares Gap Up - Here's What Happened

Inpex logo with Energy background

Key Points

  • Inpex Corp. shares opened at $18.78 after previously closing at $18.25, indicating a gap up in the stock price before the market opened on Tuesday.
  • The company reported a quarterly earnings EPS of $0.56 with a net margin of 20.57% and revenue of $3.54 billion during the last quarter.
  • Inpex has a market capitalization of $22.30 billion and shows strong financial ratios including a PE ratio of 7.41 and a debt-to-equity ratio of 0.16.
  • MarketBeat previews the top five stocks to own by October 1st.

Inpex Corp. (OTCMKTS:IPXHY - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $18.25, but opened at $18.78. Inpex shares last traded at $18.78, with a volume of 17,117 shares.

Inpex Trading Down 2.1%

The firm has a market cap of $22.30 billion, a PE ratio of 7.41 and a beta of 0.57. The company has a current ratio of 1.52, a quick ratio of 1.43 and a debt-to-equity ratio of 0.16. The business has a fifty day moving average price of $16.35 and a 200 day moving average price of $14.43.

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 business had revenue of $3.54 billion during the quarter.

Inpex Company Profile

(Get Free Report)

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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