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

Inpex logo with Energy background

Inpex Corp. (OTCMKTS:IPXHY - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $14.66, but opened at $15.10. Inpex shares last traded at $15.10, with a volume of 239 shares changing hands.

Inpex Stock Performance

The firm has a market capitalization of $18.55 billion, a PE ratio of 6.44 and a beta of 0.54. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.37 and a quick ratio of 1.27. The stock has a 50-day moving average price of $13.25 and a 200-day moving average price of $12.90.

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