Inpex (OTCMKTS:IPXHY) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Shares of Inpex Co. (OTCMKTS:IPXHY) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $12.42 and traded as high as $12.70. Inpex shares last traded at $12.63, with a volume of 126,883 shares.

Inpex Stock Performance

The company’s 50 day moving average price is $12.42 and its 200-day moving average price is $13.21. 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 company has a market cap of $15.62 billion, a PE ratio of 5.52 and a beta of 0.93.

Inpex (OTCMKTS:IPXHY) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.74 earnings per share (EPS) for the quarter. Inpex had a net margin of 18.86% and a return on equity of 8.73%. The company had revenue of $3.40 billion during the quarter.

About Inpex

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.