Short Interest in Inpex Co. (OTCMKTS:IPXHY) Rises By 242.7%

Inpex Co. (OTCMKTS:IPXHY) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 179,900 shares, a growth of 242.7% from the December 31st total of 52,500 shares. Based on an average daily trading volume, of 422,500 shares, the days-to-cover ratio is presently 0.4 days.

Inpex Trading Down 1.1 %

Shares of OTCMKTS:IPXHY traded down $0.14 on Wednesday, hitting $12.06. 305,406 shares of the company’s stock were exchanged, compared to its average volume of 139,278. The business’s 50 day simple moving average is $12.69 and its two-hundred day simple moving average is $13.52. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.29 and a quick ratio of 1.22. The stock has a market capitalization of $15.05 billion, a price-to-earnings ratio of 5.97 and a beta of 0.95. Inpex has a 12 month low of $11.57 and a 12 month high of $17.42.

Inpex (OTCMKTS:IPXHY) last announced its quarterly earnings results on Tuesday, November 12th. The company reported $0.42 earnings per share (EPS) for the quarter. Inpex had a return on equity of 8.16% and a net margin of 16.48%. The firm had revenue of $3.74 billion during the quarter.

Inpex Company Profile

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.