Short Interest in Inpex Co. (OTCMKTS:IPXHY) Drops By 66.0%

Inpex Co. (OTCMKTS:IPXHY) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 34,700 shares, a drop of 66.0% from the March 31st total of 102,100 shares. Based on an average daily volume of 477,600 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Inpex Stock Up 0.3 %

Shares of OTCMKTS IPXHY opened at $12.71 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.29 and a debt-to-equity ratio of 0.18. The firm has a market cap of $15.86 billion, a price-to-earnings ratio of 5.60 and a beta of 0.59. Inpex has a 52-week low of $11.27 and a 52-week high of $16.06. The company’s 50-day simple moving average is $12.94 and its 200-day simple moving average is $12.85.

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

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.