Inpex (OTCMKTS:IPXHF) Trading 7.8% Higher – Time to Buy?

Inpex Co. (OTCMKTS:IPXHFGet Free Report) shot up 7.8% on Monday . The company traded as high as $14.73 and last traded at $14.73. 707 shares changed hands during trading, a decline of 56% from the average session volume of 1,600 shares. The stock had previously closed at $13.67.

Inpex Price Performance

The company has a fifty day simple moving average of $12.55 and a two-hundred day simple moving average of $12.59.

Inpex Company Profile

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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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