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

Inpex logo with Energy background

Inpex Co. (OTCMKTS:IPXHY - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $12.95 and traded as high as $13.08. Inpex shares last traded at $13.08, with a volume of 50,859 shares.

Inpex Price Performance

The firm has a market capitalization of $16.21 billion, a P/E ratio of 5.72 and a beta of 0.54. 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 business has a 50 day simple moving average of $12.93 and a two-hundred day simple moving average of $12.77.

Inpex (OTCMKTS:IPXHY - Get Free Report) last released its quarterly earnings results on Tuesday, May 13th. The company reported $0.69 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 for the quarter.

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.

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