Inpex (OTCMKTS:IPXHY) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Shares of Inpex Co. (OTCMKTS:IPXHYGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $13.96 and traded as low as $12.17. Inpex shares last traded at $12.58, with a volume of 98,438 shares trading hands.

Inpex Stock Performance

The firm has a market cap of $15.70 billion, a price-to-earnings ratio of 6.23 and a beta of 0.95. The company has a quick ratio of 1.22, a current ratio of 1.29 and a debt-to-equity ratio of 0.18. The stock has a 50 day moving average of $13.03 and a 200 day moving average of $13.96.

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.

Further Reading

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.