Inpex (OTCMKTS:IPXHY) Shares Gap Down – Time to Sell?

Inpex Corp. (OTCMKTS:IPXHY – Get Free Report) gapped down before the market opened on Wednesday. The stock had previously closed at $24.07, but opened at $23.13. Inpex shares last traded at $23.8990, with a volume of 24,972 shares.

Inpex Stock Down 1.1%

The business’s 50 day simple moving average is $24.23 and its 200 day simple moving average is $23.59. The company has a market capitalization of $28.24 billion, a PE ratio of 10.00 and a beta of 0.21. The company has a quick ratio of 1.24, a current ratio of 1.32 and a debt-to-equity ratio of 0.12.

Inpex Company Profile

(Get Free Report)

INPEX Corporation is a Japan-based energy company engaged in the exploration, development, production and delivery of oil and natural gas. The company supplies crude oil, natural gas and liquefied natural gas (LNG) for customers in Japan and international markets, while also pursuing lower-carbon energy businesses.

INPEX’s major projects include the Ichthys LNG project in Australia, which produces and exports LNG, liquefied petroleum gas and condensate. The company also has interests in energy projects across regions including Japan, Australia, Indonesia and the Middle East.

Read More

Receive News & Ratings for Inpex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inpex and related companies with MarketBeat.com's FREE daily email newsletter.