Shares of Inpex Corp. (OTCMKTS:IPXHY – Get Free Report) crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $24.01 and traded as low as $23.72. Inpex shares last traded at $23.80, with a volume of 50,185 shares changing hands.
Inpex Stock Performance
The company has a market capitalization of $28.23 billion, a PE ratio of 10.00 and a beta of 0.20. The firm’s 50-day simple moving average is $24.43 and its 200-day simple moving average is $24.01. The company has a current ratio of 1.32, a quick ratio of 1.24 and a debt-to-equity ratio of 0.12.
About Inpex
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.
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