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The closing price of Indonesia Energy Corp Ltd (AMEX: INDO) was $2.85 for the day, down -0.70% from the previous closing price of $2.87. In other words, the price has decreased by -$0.70 from its previous closing price. On the day, 0.52 million shares were traded. INDO stock price reached its highest trading level at $3.0 during the session, while it also had its lowest trading level at $2.85.
Ratios:
Our analysis of INDO’s different ratios will help us gain a deeper understanding of the company. 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 41356632 and an Enterprise Value of 37759556. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.49 while its Price-to-Book (P/B) ratio in mrq is 2.13. Its current Enterprise Value per Revenue stands at 14.155 whereas that against EBITDA is -7.168.
Stock Price History:
The Beta on a monthly basis for INDO is -0.66, which has changed by 0.3013699 over the last 52 weeks, in comparison to a change of 0.13161862 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 -5.27%, while the 200-Day Moving Average is calculated to be -6.01%.
Shares Statistics:
INDO traded an average of 3.00M shares per day over the past three months and 740140 shares per day 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 0.24, 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
