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Inpex (OTCMKTS:IPXHY) Stock Price Crosses Above 50 Day Moving Average - Time to Sell?

Inpex logo with Energy background

Inpex Co. (OTCMKTS:IPXHY - Get Free Report)'s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $12.83 and traded as high as $14.08. Inpex shares last traded at $13.85, with a volume of 99,800 shares traded.

Inpex Trading Up 3.2%

The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.22 and a current ratio of 1.29. The firm's fifty day simple moving average is $12.98 and its 200-day simple moving average is $12.84. The stock has a market cap of $18.47 billion, a P/E ratio of 6.52 and a beta of 0.54.

Inpex (OTCMKTS:IPXHY - Get Free Report) last released its quarterly earnings results on Tuesday, May 13th. The company reported $0.69 earnings per share (EPS) for the quarter. Inpex had a net margin of 18.86% and a return on equity of 8.73%. The firm 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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