A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 85.61% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 23.28%. Over the past 30 days, the price of INDO has fallen by 128.64%. And in the last five days, it has surged by 1.82%.
Indonesia Energy Corp Ltd ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $6.65 on 04/15/24, while the lowest value for the same period was recorded at $2.03 on 03/12/24.
52-week price history of INDO Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Indonesia Energy Corp Ltd’s current trading price is -24.36% away from its 52-week high, while its distance from the 52-week low is 147.78%. The stock’s price range during this period has varied between$2.03 and $6.65. The Indonesia Energy Corp Ltd’s shares, which operate in the Energy, saw a trading volume of around 16.19 million for the day, a figure considerably higher than their average daily volume of 1.69 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Indonesia Energy Corp Ltd (INDO) has experienced a quarterly rise of 89.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 51.00M.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.72, with a change in price of +2.07. Similarly, Indonesia Energy Corp Ltd recorded 1,242,194 in trading volume during the last 100 days, posting a change of +69.93%.
INDO’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for INDO stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.
INDO Stock Stochastic Average
Indonesia Energy Corp Ltd’s raw stochastic average for the past 50 days is presently 64.94%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 64.55%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 48.58% and 51.79%, respectively.
