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After finishing at $2.43 in the prior trading day, Indonesia Energy Corp Ltd (AMEX: INDO) closed at $2.47, up 1.65%. In other words, the price has increased by $1.65 from its previous closing price. On the day, 0.7 million shares were traded. INDO stock price reached its highest trading level at $2.47 during the session, while it also had its lowest trading level at $2.39.
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 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 25200670 and an Enterprise Value of 24288136. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.14 while its Price-to-Book (P/B) ratio in mrq is 1.71. Its current Enterprise Value per Revenue stands at 6.889 whereas that against EBITDA is -8.695.
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 -13.81%, while the 200-Day Moving Average is calculated to be -15.15%.
Shares Statistics:
The stock has traded on average 2.63M shares per day over the past 3-months and 503890 shares per day over the last 10 days, according to various share statistics. 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 1726185600 were 251575 with a Short Ratio of 0.10, compared to 1723680000 on 923170. Therefore, it implies a Short% of Shares Outstanding of 251575 and a Short% of Float of 5.2800003.
