Inpex (OTCMKTS:IPXHY) Shares Gap Up – Still a Buy?

Inpex Corp. (OTCMKTS:IPXHYGet Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $19.72, but opened at $20.78. Inpex shares last traded at $20.9475, with a volume of 4,339 shares traded.

Inpex Trading Down 0.4%

The company has a debt-to-equity ratio of 0.16, a current ratio of 1.52 and a quick ratio of 1.43. The company has a market capitalization of $25.33 billion, a price-to-earnings ratio of 8.42 and a beta of 0.48. The business’s 50-day moving average price is $18.43 and its two-hundred day moving average price is $15.98.

Inpex (OTCMKTS:IPXHYGet Free Report) last issued its quarterly earnings results on Thursday, November 13th. The company reported $0.40 earnings per share (EPS) for the quarter. Inpex had a return on equity of 9.08% and a net margin of 20.57%.The business had revenue of $3.20 billion for 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.

Further Reading

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