Inpex (OTCMKTS:IPXHF) Stock Breaks Above 200-Day Moving Average – Here’s What Happened

Shares of Inpex Co. (OTCMKTS:IPXHF – Get Free Report) passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $23.23 and traded as high as $23.59. Inpex shares last traded at $23.59, with a volume of 11 shares trading hands.

Inpex Stock Performance

The company has a 50 day moving average of $24.23 and a 200-day moving average of $23.30.

Inpex Company Profile

(Get Free Report)

INPEX Corporation is a Japan-based energy company engaged in the exploration, development and production of oil and natural gas. The company supplies energy to Japan and international markets through upstream projects that include crude oil, liquefied natural gas and natural gas production.

Founded in 1966 as the North Sumatra Oil Development Company, INPEX expanded through international exploration and development activities. In 2008, it merged with Teikoku Oil Co, Ltd. and adopted the INPEX Corporation name.

Further Reading

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