Inpex (OTCMKTS:IPXHY) Hits New 12-Month High – Time to Buy?

Inpex Corp. (OTCMKTS:IPXHYGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $20.49 and last traded at $20.43, with a volume of 4024 shares. The stock had previously closed at $19.39.

Inpex Stock Up 1.6%

The company has a current ratio of 1.52, a quick ratio of 1.43 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $25.72 billion, a P/E ratio of 8.55 and a beta of 0.48. The stock has a 50 day moving average price of $18.21 and a 200 day moving average price of $15.67.

Inpex (OTCMKTS:IPXHYGet Free Report) last issued its earnings results on Thursday, November 13th. The company reported $0.40 earnings per share (EPS) for the quarter. Inpex had a return on equity of 9.08% and a net margin of 20.57%.The business had revenue of $3.20 billion during the quarter.

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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