Inpex (OTCMKTS:IPXHY) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Inpex Co. (OTCMKTS:IPXHYGet Free Report)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $13.49 and traded as low as $13.15. Inpex shares last traded at $13.32, with a volume of 407,973 shares changing hands.

Inpex Trading Up 2.9 %

The company has a current ratio of 1.44, a quick ratio of 1.33 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $16.62 billion, a P/E ratio of 6.59 and a beta of 0.97. The company has a 50-day moving average price of $13.49 and a 200 day moving average price of $14.39.

About Inpex

(Get Free Report)

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.

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