Inpex (OTCMKTS:IPXHY) Hits New 1-Year High – Should You Buy?

Shares of Inpex Corp. (OTCMKTS:IPXHY) reached a new 52-week high during trading on Wednesday . The stock traded as high as $22.00 and last traded at $22.00, with a volume of 10587 shares changing hands. The stock had previously closed at $20.4970.

Inpex Stock Performance

The company has a current ratio of 1.49, a quick ratio of 1.40 and a debt-to-equity ratio of 0.16. The stock has a market cap of $25.45 billion, a PE ratio of 8.54 and a beta of 0.37. The business’s 50-day moving average price is $19.58 and its 200-day moving average price is $17.11.

Inpex (OTCMKTS:IPXHY) last posted its earnings results on Thursday, November 13th. The company reported $0.40 EPS for the quarter. Inpex had a net margin of 21.08% and a return on equity of 8.85%. The company had revenue of $3.20 billion during the quarter.

Inpex Company Profile

INPEX is a Japan-based energy company primarily engaged in the exploration, development, production and sale of oil and natural gas resources. The company’s activities span upstream exploration and field development, midstream project execution — notably liquefied natural gas (LNG) facilities — and related resource management and commercial operations. INPEX’s portfolio includes conventional and unconventional hydrocarbon assets and associated engineering and project-management expertise to bring complex developments into production.

INPEX is known for participation and leadership in large-scale LNG projects, including the Ichthys LNG development off northern Australia, which represents a core midstream and export capability in the company’s business mix.