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The price of Indonesia Energy Corp Ltd (AMEX: INDO) closed at $3.15 in the last session, up 16.67% from day before closing price of $2.70. In other words, the price has increased by $16.67 from its previous closing price. On the day, 0.84 million shares were traded. INDO stock price reached its highest trading level at $3.2 during the session, while it also had its lowest trading level at $2.84.
Ratios:
We take a closer look at INDO’s different ratios to gain a better understanding of the stock. 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 41991076 and an Enterprise Value of 28458196. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.53 while its Price-to-Book (P/B) ratio in mrq is 2.49. Its current Enterprise Value per Revenue stands at 9.099 whereas that against EBITDA is -9.386.
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 -11.74%, while the 200-Day Moving Average is calculated to be 0.56%.
Shares Statistics:
According to the various share statistics, INDO traded on average about 3.87M shares per day over the past 3-months and 740360 shares per day over the past 10 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.
