Inpex (OTCMKTS:IPXHY) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Shares of Inpex Co. (OTCMKTS:IPXHY) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $12.44 and traded as high as $12.82. Inpex shares last traded at $12.66, with a volume of 200,433 shares traded.

Inpex Stock Up 3.7 %

The firm has a market cap of $16.38 billion, a PE ratio of 5.78 and a beta of 0.90. The business’s 50 day moving average price is $12.45 and its 200 day moving average price is $13.10. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.29 and a quick ratio of 1.22.

Inpex (OTCMKTS:IPXHY) last released its earnings results on Thursday, February 13th. The company reported $0.74 EPS for the quarter. The business had revenue of $3.40 billion during the quarter. Inpex had a net margin of 18.86% and a return on equity of 8.73%.

Inpex Company Profile

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.