In Friday’s Wall Street session, Indonesia Energy Corp Ltd (AMEX:INDO) shares traded at $5.18, up 46.33% from the previous session.
INDO stock price is now 107.08% away from the 50-day moving average and 75.01% away from the 200-day moving average. The market capitalization of the company currently stands at $72.05M.
With the price target maintained at $15, Noble Capital Markets recently Upgraded its rating from Market Perform to Outperform for Indonesia Energy Corp Ltd (AMEX: INDO). On March 25, 2021, Noble Capital Markets Upgraded its previous ‘Market Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $8, while ‘Aegis Capital’ rates the stock as ‘Buy’
A total of 40.18% of the company’s stock is owned by insiders.
During the past 12 months, Indonesia Energy Corp Ltd has had a low of $2.06 and a high of $5.88. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 3.18, and a quick ratio of 3.08. The fifty day moving average price for INDO is $2.50148 and a two-hundred day moving average price translates $2.95982 for the stock.
The latest earnings results from Indonesia Energy Corp Ltd (AMEX: INDO) was released for 2024-12-31. The net profit margin was -237.81% and return on equity was -38.59% for INDO.
