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Indonesia Energy Corp Ltd (AMEX: INDO) closed the day trading at $2.67 up 2.69% from the previous closing price of $2.60. In other words, the price has increased by $2.69 from its previous closing price. On the day, 0.63 million shares were traded. INDO stock price reached its highest trading level at $2.737 during the session, while it also had its lowest trading level at $2.58.
Ratios:
For a better understanding of INDO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.68 and its Current Ratio is at 3.77. 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 27241210 and an Enterprise Value of 26328674. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.72 while its Price-to-Book (P/B) ratio in mrq is 1.84. Its current Enterprise Value per Revenue stands at 7.468 whereas that against EBITDA is -9.425.
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 -6.83%, while the 200-Day Moving Average is calculated to be -8.32%.
Shares Statistics:
Over the past 3-months, INDO traded about 2.60M shares per day on average, while over the past 10 days, INDO traded about 397900 shares per day. A total of 10.14M shares are outstanding, with a floating share count of 4.77M. Insiders hold about 53.26% of the company’s shares, while institutions hold 0.70% stake in the company. Shares short for INDO as of 1724976000 were 225900 with a Short Ratio of 0.09, compared to 1722384000 on 121320. Therefore, it implies a Short% of Shares Outstanding of 225900 and a Short% of Float of 4.7399998.
