Inpex (OTCMKTS:IPXHY) Shares Gap Up – Time to Buy?

Inpex Corp. (OTCMKTS:IPXHY – Get Free Report) shares gapped up before the market opened on Thursday. The stock had previously closed at $24.07, but opened at $25.94. Inpex shares last traded at $24.04, with a volume of 953 shares trading hands.

Inpex Stock Performance

The business’s fifty day moving average price is $24.30 and its 200-day moving average price is $23.53. The stock has a market cap of $29.59 billion, a PE ratio of 10.41 and a beta of 0.21. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.24 and a current ratio of 1.32.

Inpex Company Profile

(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.

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.