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

Key Points

• Inpex Corp. shares gapped up, opening at $18.68 compared to the previous close of $17.75, and last traded at $17.91 with a trading volume of 2,809 shares.
• The company reported a net margin of 20.57% and earnings per share (EPS) of $0.56 for its most recent quarter, with total revenue reaching $3.54 billion.
• Inpex has a market capitalization of $22.31 billion and maintains a low debt-to-equity ratio of 0.16, indicating strong financial health.

Inpex Corp. (OTCMKTS:IPXHY - Get Free Report)'s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $17.75, but opened at $18.68. Inpex shares last traded at $17.91, with a volume of 2,809 shares traded.

Inpex Stock Up 0.7%

The stock has a market cap of $22.31 billion, a price-to-earnings ratio of 7.42 and a beta of 0.52. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.52 and a quick ratio of 1.43. The business has a fifty day moving average of $17.37 and a 200 day moving average of $14.86.

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