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

Inpex logo with Energy background

Key Points

  • Inpex Corp. shares surged from a previous close of $15.79 to an opening price of $16.43, reflecting strong trading activity with a volume of 702 shares.
  • The company reported earnings of $0.56 per share and revenue of $3.54 billion for the latest quarter, showcasing a net margin of 20.57%.
  • Inpex holds a market capitalization of $19.80 billion with a price-to-earnings ratio of 6.58, indicating robust financial stability and valuation metrics.
  • Want stock alerts on Inpex? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Inpex Corp. (OTCMKTS:IPXHY - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $15.79, but opened at $16.43. Inpex shares last traded at $16.43, with a volume of 702 shares traded.

Inpex Stock Performance

The stock has a market capitalization of $20.16 billion, a P/E ratio of 6.71 and a beta of 0.59. The stock's 50-day simple moving average is $14.47 and its 200 day simple moving average is $13.46. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.37 and a quick ratio of 1.27.

Inpex (OTCMKTS:IPXHY - Get Free Report) last posted its earnings results on Friday, August 8th. The company reported $0.56 earnings per share (EPS) for the quarter. The company had revenue of $3.54 billion during the quarter. Inpex had a net margin of 20.57% and a return on equity of 9.05%.

About Inpex

(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.

Further Reading

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