Inpex (OTCMKTS:IPXHY) Shares Gap Up – Here’s What Happened

Inpex Corp. (OTCMKTS:IPXHY – Get Free Report)’s share price gapped up prior to trading on Monday. The stock had previously closed at $24.47, but opened at $25.25. Inpex shares last traded at $25.25, with a volume of 146 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Inpex to a “hold” rating in a research report on Thursday, June 4th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Get Our Latest Stock Report on IPXHY

Inpex Price Performance

The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.24 and a current ratio of 1.32. The company has a 50-day moving average of $23.86 and a 200-day moving average of $24.20. The stock has a market capitalization of $28.03 billion, a price-to-earnings ratio of 9.93 and a beta of 0.14.

Inpex Company Profile

(Get Free Report)

INPEX Corporation is a Japan-based energy company engaged primarily in the exploration, development, production and marketing of oil and natural gas. The company supplies crude oil, liquefied natural gas (LNG) and other energy products to customers in Japan and international markets.

Founded in 2005 through the merger of INPEX Corporation and Teikoku Oil Co, Ltd., INPEX has developed a broad portfolio of upstream projects. Its activities span Japan and overseas regions including Australia, Indonesia, the United Arab Emirates and other areas.

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