Inpex (OTCMKTS:IPXHY) Stock Passes Above 50-Day Moving Average of $7.33

Inpex Co. (OTCMKTS:IPXHY)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $7.33 and traded as high as $8.71. Inpex shares last traded at $8.58, with a volume of 7,951 shares.

Separately, Morgan Stanley raised Inpex from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 13th.

The stock has a market capitalization of $12.59 billion, a price-to-earnings ratio of 21.53 and a beta of 1.54. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.37 and a current ratio of 1.52. The company has a fifty day simple moving average of $7.36 and a two-hundred day simple moving average of $7.22.

Inpex (OTCMKTS:IPXHY) last announced its quarterly earnings data on Tuesday, August 10th. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $2.33 billion during the quarter. Inpex had a return on equity of 1.89% and a net margin of 6.98%.

Inpex Company Profile (OTCMKTS:IPXHY)

INPEX Corp. engages in the research, exploration, development, production and sales of oil and natural gas and other mineral resources. It operates through in the following geographic segments: Japan; Asia and Oceania; Eurasia; Middle East and Africa; and Americas. The company was founded on April 3, 2006 and is headquartered in Tokyo, Japan.

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