Stock Surge: Indonesia Energy Corp Ltd (INDO) Closes at 3.12, Marking a 1.96 Increase/Decrease

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

In the latest session, Indonesia Energy Corp Ltd (AMEX: INDO) closed at $3.12 up 1.96% from its previous closing price of $3.06. In other words, the price has increased by $1.96 from its previous closing price. On the day, 1.35 million shares were traded. INDO stock price reached its highest trading level at $3.24 during the session, while it also had its lowest trading level at $2.99.

Ratios:

For a deeper understanding of Indonesia Energy Corp Ltd’s stock, let’s take a closer look at its various 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 45274632 and an Enterprise Value of 39706960. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.96 while its Price-to-Book (P/B) ratio in mrq is 2.33. Its current Enterprise Value per Revenue stands at 14.885 whereas that against EBITDA is -7.538.

Stock Price History:

The Beta on a monthly basis for INDO is -0.67, which has changed by 0.13043475 over the last 52 weeks, in comparison to a change of 0.12748289 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 10.29%, while the 200-Day Moving Average is calculated to be 3.79%.

Shares Statistics:

For the past three months, INDO has traded an average of 2.76M shares per day and 15300160 over the past ten days. 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 0.44, 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.

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