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Inpex (OTCMKTS:IPXHY) Stock Price Down 3.7% - Should You Sell?

Inpex logo with Energy background

Inpex Corp. (OTCMKTS:IPXHY - Get Free Report) shares dropped 3.7% during trading on Tuesday . The company traded as low as $13.75 and last traded at $13.75. Approximately 8,828 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 128,644 shares. The stock had previously closed at $14.28.

Inpex Price Performance

The business has a 50-day moving average of $13.39 and a two-hundred day moving average of $12.93. The company has a current ratio of 1.37, a quick ratio of 1.27 and a debt-to-equity ratio of 0.17. The firm has a market cap of $17.51 billion, a P/E ratio of 6.07 and a beta of 0.54.

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

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.

Further Reading

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