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

Inpex Corp. (OTCMKTS:IPXHYGet Free Report)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $21.05, but opened at $20.35. Inpex shares last traded at $20.35, with a volume of 1,134 shares traded.

Inpex Stock Down 1.9%

The stock has a market capitalization of $25.37 billion, a price-to-earnings ratio of 8.44 and a beta of 0.48. The company has a quick ratio of 1.43, a current ratio of 1.52 and a debt-to-equity ratio of 0.16. The business’s 50-day moving average is $18.79 and its two-hundred day moving average is $16.32.

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

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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