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As of close of business last night, Indonesia Energy Corp Ltd’s stock clocked out at $3.08, down -6.67% from its previous closing price of $3.30. In other words, the price has decreased by -$6.67 from its previous closing price. On the day, 0.64 million shares were traded. INDO stock price reached its highest trading level at $3.18 during the session, while it also had its lowest trading level at $2.96.
Ratios:
To gain a deeper understanding of INDO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.86 and its Current Ratio is at 1.91. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 41057940 and an Enterprise Value of 32390916. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.40 while its Price-to-Book (P/B) ratio in mrq is 2.44. Its current Enterprise Value per Revenue stands at 10.357 whereas that against EBITDA is -10.683.
Stock Price History:
Over the past 52 weeks, INDO has reached a high of $6.65, while it has fallen to a 52-week low of $2.03. The 50-Day Moving Average of the stock is -15.27%, while the 200-Day Moving Average is calculated to be -2.19%.
Shares Statistics:
It appears that INDO traded 3.80M shares on average per day over the past three months and 700610 shares per day over the past ten days. A total of 10.14M shares are outstanding, with a floating share count of 4.84M. Insiders hold about 53.26% of the company’s shares, while institutions hold 0.36% stake in the company. Shares short for INDO as of 1730332800 were 568626 with a Short Ratio of 0.15, compared to 1727654400 on 473325. Therefore, it implies a Short% of Shares Outstanding of 568626 and a Short% of Float of 7.199999999999999.
