Inpex (OTCMKTS:IPXHY) Shares Gap Down – Here’s What Happened

Inpex Corp. (OTCMKTS:IPXHY – Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $23.81, but opened at $21.31. Inpex shares last traded at $21.31, with a volume of 194 shares traded.

Inpex Trading Down 1.9%

The stock has a market cap of $25.97 billion, a price-to-earnings ratio of 9.20 and a beta of 0.20. The company has a quick ratio of 1.24, a current ratio of 1.32 and a debt-to-equity ratio of 0.12. The business’s 50 day simple moving average is $24.40 and its 200 day simple moving average is $24.02.

About Inpex

(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.

Further Reading

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