Inpex Corp. (OTCMKTS:IPXHY) Short Interest Update

by · The Cerbat Gem

Inpex Corp. (OTCMKTS:IPXHY – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 59,799 shares, a growth of 129.7% from the July 30th total of 26,032 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 75,244 shares, the short-interest ratio is currently 0.8 days.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Inpex to a “hold” rating in a research report on Thursday, June 4th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Get Our Latest Research Report on Inpex

Inpex Stock Performance

OTCMKTS:IPXHY traded down $0.12 during midday trading on Friday, reaching $24.27. The stock had a trading volume of 19,707 shares, compared to its average volume of 38,872. The stock has a market capitalization of $28.78 billion, a P/E ratio of 10.20 and a beta of 0.13. Inpex has a 1-year low of $16.89 and a 1-year high of $31.10. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.24 and a quick ratio of 1.17. The firm’s fifty day simple moving average is $22.14 and its 200-day simple moving average is $24.10.

About Inpex

(Get Free Report)

INPEX is a Japan-based energy company primarily engaged in the exploration, development, production and sale of oil and natural gas resources. The company’s activities span upstream exploration and field development, midstream project execution — notably liquefied natural gas (LNG) facilities — and related resource management and commercial operations. INPEX’s portfolio includes conventional and unconventional hydrocarbon assets and associated engineering and project-management expertise to bring complex developments into production.

INPEX is known for participation and leadership in large-scale LNG projects, including the Ichthys LNG development off northern Australia, which represents a core midstream and export capability in the company’s business mix.

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