Inpex (OTCMKTS:IPXHY) Stock Passes Above Fifty Day Moving Average – Should You Sell?

Inpex Co. (OTCMKTS:IPXHY) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $12.42 and traded as high as $12.70. Inpex shares last traded at $12.63, with a volume of 126,883 shares.

Inpex Stock Up 2.5 %

The company has a market capitalization of $15.76 billion, a PE ratio of 5.56 and a beta of 0.93. The business’s 50 day simple moving average is $12.42 and its 200 day simple moving average is $13.22. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.29 and a quick ratio of 1.22.

Inpex (OTCMKTS:IPXHY) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.74 earnings per share (EPS) for the quarter. The firm had revenue of $3.40 billion for the quarter. Inpex had a return on equity of 8.73% and a net margin of 18.86%.

Inpex Company Profile

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.