Inpex (OTCMKTS:IPXHY) Shares Pass Above 50 Day Moving Average – Should You Sell?

Inpex Co. (OTCMKTS:IPXHYGet Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $12.51 and traded as high as $13.82. Inpex shares last traded at $13.53, with a volume of 116,621 shares.

Inpex Stock Up 1.1 %

The company has a market capitalization of $16.88 billion, a P/E ratio of 5.96 and a beta of 0.90. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.22 and a current ratio of 1.29. The stock has a 50 day moving average price of $12.51 and a 200 day moving average price of $13.05.

Inpex (OTCMKTS:IPXHYGet Free Report) last released its earnings results on Thursday, February 13th. The company reported $0.74 EPS for the quarter. Inpex had a return on equity of 8.73% and a net margin of 18.86%. The company had revenue of $3.40 billion for the quarter.

Inpex Company Profile

(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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