Inpex (OTCMKTS:IPXHY) Reaches New 52-Week Low – What’s Next?

Shares of Inpex Co. (OTCMKTS:IPXHYGet Free Report) hit a new 52-week low on Monday . The stock traded as low as $11.45 and last traded at $11.86, with a volume of 173063 shares. The stock had previously closed at $11.92.

Inpex Price Performance

The company’s 50-day moving average is $12.57 and its 200-day moving average is $13.38. The firm has a market capitalization of $15.04 billion, a price-to-earnings ratio of 5.97 and a beta of 0.93. 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:IPXHYGet Free Report) last announced its quarterly earnings results on Tuesday, November 12th. The company reported $0.42 earnings per share for the quarter. The company had revenue of $3.74 billion for the quarter. Inpex had a net margin of 16.48% and a return on equity of 8.16%.

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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