Inpex (OTCMKTS:IPXHF) Stock Falls 4.8% – Here’s Why

Inpex Co. (OTCMKTS:IPXHF – Get Free Report)’s share price dropped 4.8% during trading on Friday. The stock traded as low as $23.00 and last traded at $23.00. 2 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 1,457 shares. The stock had previously closed at $24.1528.

Inpex Price Performance

The stock has a 50-day moving average price of $24.00 and a 200 day moving average price of $23.59.

Inpex Company Profile

(Get Free Report)

INPEX Corporation is a Japan-based energy company engaged in the exploration, development and production of oil and natural gas. The company supplies energy to Japan and international markets through upstream projects that include crude oil, liquefied natural gas and natural gas production.

Founded in 1966 as the North Sumatra Oil Development Company, INPEX expanded through international exploration and development activities. In 2008, it merged with Teikoku Oil Co, Ltd. and adopted the INPEX Corporation name.

Featured Articles

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.