Indonesia Energy Corp Ltd (AMEX:INDO) currently has a daily average trading volume of 198.64K but it saw 2095594 shares traded in last market. With a market cap of 44.93M USD, the company’s current market price of $3.23 came rising about 19.63 while comparing to the previous closing price of $2.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.88 and as low as $2.06.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Noble Capital Markets which upgraded the stock as “Outperform” in its note to investors issued on June 24, 2022, recommending a price target of $15 for it. Noble Capital Markets upgraded its recommendation for the stock as a “Outperform” from “Market Perform” on March 25, 2021 while assigning a price target of $8. Aegis Capital issued its recommendations for the stock as it initiated the price target for the stock is $10.
Over the week, INDO’s stock price is moving 28.69% up while it is 35.15% when we observe its performance for the past one month. Year-to-date it is 16.19% up and over the past year, the stock is showing an upside performance of 13.73%.
Currently, Indonesia Energy Corp Ltd’s total number of outstanding shares is 13.91M. Company’s return on investment (ROI) stands at -34.26% and return on equity (ROE) at -38.59%. Stock’s beta reads -0.71. Stock has a price to book (P/B) ratio of 2.41 while price to sale or P/S ratio amounts to 16.83. Its return on asset (ROA) is -32.01% on average.
