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In the latest session, Indonesia Energy Corp Ltd (AMEX: INDO) closed at $3.96 up 2.59% from its previous closing price of $3.86. In other words, the price has increased by $2.59 from its previous closing price. On the day, 1.15 million shares were traded. INDO stock price reached its highest trading level at $4.09 during the session, while it also had its lowest trading level at $3.76.
Ratios:
For a deeper understanding of Indonesia Energy Corp Ltd’s stock, let’s take a closer look at its various 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 59350396 and an Enterprise Value of 51488684. For the stock, the TTM Price-to-Sale (P/S) ratio is 25.92 while its Price-to-Book (P/B) ratio in mrq is 2.71. Its current Enterprise Value per Revenue stands at 22.449 whereas that against EBITDA is -8.927.
Stock Price History:
The Beta on a monthly basis for INDO is -1.01, which has changed by 0.28239202 over the last 52 weeks, in comparison to a change of 0.110832214 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 28.92%, while the 200-Day Moving Average is calculated to be 36.71%.
Shares Statistics:
For the past three months, INDO has traded an average of 726.35K shares per day and 1870500 over the past ten days. 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 1767139200 were 372206 with a Short Ratio of 0.51, compared to 1764288000 on 313204. Therefore, it implies a Short% of Shares Outstanding of 372206 and a Short% of Float of 3.9100002000000003.
