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After finishing at $2.63 in the prior trading day, Indonesia Energy Corp Ltd (AMEX: INDO) closed at $2.7, up 2.66%. In other words, the price has increased by $2.66 from its previous closing price. On the day, 90745.0 shares were traded. INDO stock price reached its highest trading level at $2.74 during the session, while it also had its lowest trading level at $2.64.
Ratios:
Our goal is to gain a better understanding of INDO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.15 and its Current Ratio is at 6.36. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.01.
On March 25, 2021, Noble Capital Markets Upgraded its rating to Outperform which previously was Market Perform but kept the price unchanged to $8.
On February 12, 2020, Aegis Capital started tracking the stock assigning a Buy rating and target price of $10.Aegis Capital initiated its Buy rating on February 12, 2020, with a $10 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INDO now has a Market Capitalization of 40466180 and an Enterprise Value of 32604466. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.67 while its Price-to-Book (P/B) ratio in mrq is 1.85. Its current Enterprise Value per Revenue stands at 14.215 whereas that against EBITDA is -5.653.
Stock Price History:
The Beta on a monthly basis for INDO is -0.79, which has changed by -0.12624586 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, INDO has reached a high of $7.95, while it has fallen to a 52-week low of $2.10. The 50-Day Moving Average of the stock is -5.00%, while the 200-Day Moving Average is calculated to be -3.99%.
Shares Statistics:
The stock has traded on average 382.72K shares per day over the past 3-months and 223010 shares per day over the last 10 days, according to various share statistics. A total of 14.99M shares are outstanding, with a floating share count of 9.52M. Insiders hold about 36.46% of the company’s shares, while institutions hold 0.78% stake in the company. Shares short for INDO as of 1763078400 were 318223 with a Short Ratio of 0.83, compared to 1760486400 on 304206. Therefore, it implies a Short% of Shares Outstanding of 318223 and a Short% of Float of 3.34.
