Inpex (OTCMKTS:IPXHY) Shares Gap Up - Time to Buy?

Key Points

• Inpex Corporation's stock price gapped up from $18.14 to $18.73 before market opening, indicating potential investor interest.
• The company's recent quarterly earnings report showed an EPS of $0.56 and revenue of $3.54 billion, along with a net margin of 20.57%.
• Inpex has a market cap of $22.46 billion and maintains a low debt-to-equity ratio of 0.16, suggesting financial stability.

Shares of Inpex Corp. (OTCMKTS:IPXHY - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $18.14, but opened at $18.73. Inpex shares last traded at $18.73, with a volume of 186 shares.

Inpex Trading Down 0.9%

The company has a market capitalization of $21.97 billion, a price-to-earnings ratio of 7.31 and a beta of 0.58. The company has a fifty day moving average of $15.83 and a 200-day moving average of $14.21. The company has a current ratio of 1.52, a quick ratio of 1.43 and a debt-to-equity ratio of 0.16.

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

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.