Inpex (OTCMKTS:IPXHY) Shares Gap Up – Should You Buy?

Inpex Corp. (OTCMKTS:IPXHY – Get Free Report)’s stock price gapped up before the market opened on Thursday. The stock had previously closed at $22.99, but opened at $23.79. Inpex shares last traded at $23.30, with a volume of 4,934 shares trading hands.

Inpex Price Performance

The business has a 50 day simple moving average of $24.04 and a two-hundred day simple moving average of $23.95. The firm has a market capitalization of $27.68 billion, a P/E ratio of 9.80 and a beta of 0.21. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.24 and a current ratio of 1.32.

About Inpex

(Get Free Report)

INPEX Corporation is a Japanese energy company engaged in the exploration, development, production and marketing of oil and natural gas. Its activities include crude oil, natural gas and liquefied natural gas (LNG) projects, with a focus on developing energy resources and supplying them to customers in Japan and international markets.

The company has operations and investments across several regions, including Japan, Australia, Indonesia and the United Arab Emirates. Its major projects include the Ichthys LNG project in Australia, which produces LNG, liquefied petroleum gas and condensate, as well as oil and gas developments in Indonesia and the UAE.

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