Inpex Corp. (OTCMKTS:IPXHY – Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $24.01 and traded as low as $23.72. Inpex shares last traded at $23.80, with a volume of 50,185 shares traded.
Inpex Stock Down 4.5%
The company has a market cap of $28.23 billion, a PE ratio of 10.00 and a beta of 0.20. The company has a quick ratio of 1.24, a current ratio of 1.32 and a debt-to-equity ratio of 0.12. The company’s fifty day moving average is $24.43 and its 200-day moving average is $24.01.
About Inpex
INPEX Corporation is a Japan-based energy company engaged in the exploration, development, production and delivery of oil and natural gas. The company supplies crude oil, natural gas and liquefied natural gas (LNG) for customers in Japan and international markets, while also pursuing lower-carbon energy businesses.
INPEX’s major projects include the Ichthys LNG project in Australia, which produces and exports LNG, liquefied petroleum gas and condensate. The company also has interests in energy projects across regions including Japan, Australia, Indonesia and the Middle East.
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