Inpex (OTCMKTS:IPXHY) Stock Passes Above 50-Day Moving Average - Here's What Happened

Inpex Co. (OTCMKTS:IPXHY - Get Free Report)'s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $12.90 and traded as high as $13.20. Inpex shares last traded at $13.17, with a volume of 55,904 shares trading hands.

Inpex Trading Up 1.8%

The company has a current ratio of 1.29, a quick ratio of 1.22 and a debt-to-equity ratio of 0.18. The company has a fifty day simple moving average of $12.89 and a 200-day simple moving average of $12.76. The company has a market capitalization of $16.73 billion, a PE ratio of 5.91 and a beta of 0.54.

Inpex (OTCMKTS:IPXHY - Get Free Report) last issued its earnings results on Tuesday, May 13th. The company reported $0.69 earnings per share (EPS) for the quarter. Inpex had a return on equity of 8.73% and a net margin of 18.86%. The company had revenue of $3.52 billion during the quarter.

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.