Inpex (OTCMKTS:IPXHY) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

Inpex Co. (OTCMKTS:IPXHYGet Free Report)’s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $12.92 and traded as low as $12.55. Inpex shares last traded at $12.67, with a volume of 59,441 shares.

Inpex Stock Performance

The business’s fifty day moving average price is $12.92 and its two-hundred day moving average price is $13.85. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.22 and a current ratio of 1.29. The stock has a market capitalization of $15.81 billion, a P/E ratio of 6.27 and a beta of 0.95.

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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