The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 74.40%.However, over the last six months, we can see a weaker performance of 25.36%. Over the last 30 days, the price of INDO has fallen by 67.60%. And in the last five days, it has surged by 11.47%.
Indonesia Energy Corp Ltd experienced a rather shaky stock market performance. The highest value in the past year was recorded at $6.65 on 04/15/24 and the lowest value was $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 -28.93% away from its 52-week high, while its distance from the 52-week low is 132.82%. 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 2.95 million for the day, a figure considerably higher than their average daily volume of 2.06 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Indonesia Energy Corp Ltd (INDO) has experienced a quarterly rise of 74.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 47.92M.
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 2.82, with a change in price of +2.11. Similarly, Indonesia Energy Corp Ltd recorded 1,342,494 in trading volume during the last 100 days, posting a change of +77.86%.
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 60.39%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 57.83%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 50.78% and 48.58%, respectively.
