Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Indonesia Energy Corp Ltd (AMEX: INDO) closed the day trading at $2.91 down -7.91% from the previous closing price of $3.16. In other words, the price has decreased by -$7.91 from its previous closing price. On the day, 1.28 million shares were traded. INDO stock price reached its highest trading level at $3.075 during the session, while it also had its lowest trading level at $2.85.
Ratios:
For a better understanding of INDO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.08 and its Current Ratio is at 3.18. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 42227304 and an Enterprise Value of 37759556. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.82 while its Price-to-Book (P/B) ratio in mrq is 2.18. Its current Enterprise Value per Revenue stands at 14.155 whereas that against EBITDA is -7.168.
Stock Price History:
The Beta on a monthly basis for INDO is -0.66, which has changed by 0.09811318 over the last 52 weeks, in comparison to a change of 0.11708844 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 $2.06. The 50-Day Moving Average of the stock is 0.18%, while the 200-Day Moving Average is calculated to be -3.58%.
Shares Statistics:
Over the past 3-months, INDO traded about 2.88M shares per day on average, while over the past 10 days, INDO traded about 7192230 shares per day. A total of 14.51M shares are outstanding, with a floating share count of 8.68M. Insiders hold about 40.18% of the company’s shares, while institutions hold 0.59% stake in the company. Shares short for INDO as of 1749772800 were 1213866 with a Short Ratio of 0.42, compared to 1747267200 on 451255. Therefore, it implies a Short% of Shares Outstanding of 1213866 and a Short% of Float of 14.37.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
