Inpex (OTCMKTS:IPXHY) Shares Up 3.8% – Still a Buy?

Inpex Corp. (OTCMKTS:IPXHY – Get Free Report)’s share price rose 3.8% on Tuesday. The company traded as high as $23.9267 and last traded at $23.9267. Approximately 240 shares were traded during trading, a decline of 100% from the average daily volume of 62,028 shares. The stock had previously closed at $23.05.

Inpex Price Performance

The company has a current ratio of 1.32, a quick ratio of 1.24 and a debt-to-equity ratio of 0.12. The company has a market cap of $28.19 billion, a price-to-earnings ratio of 9.99 and a beta of 0.21. The company’s 50 day moving average price is $24.08 and its 200 day moving average price is $23.84.

Inpex Company Profile

(Get Free Report)

INPEX Corporation is a Japanese energy company engaged in the exploration, development, production and marketing of oil and natural gas. Its activities include crude oil, natural gas and liquefied natural gas (LNG) projects, with a focus on developing energy resources and supplying them to customers in Japan and international markets.

The company has operations and investments across several regions, including Japan, Australia, Indonesia and the United Arab Emirates. Its major projects include the Ichthys LNG project in Australia, which produces LNG, liquefied petroleum gas and condensate, as well as oil and gas developments in Indonesia and the UAE.

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