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Anchoring Your Portfolio: Is INDO Stock a Safe Harbor?

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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

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Indonesia Energy Corp Ltd’s current trading price is -66.77% away from its 52-week high, while its distance from the 52-week low is 8.87%. The stock’s price range during this period has spanned from $2.03 to $6.65. In the Energy sector, the Indonesia Energy Corp Ltd’s shares surpassed a trading volume of approximately 1.0 million for the day, which was noticeably higher compared to the average daily volume of 9.0.61 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Indonesia Energy Corp Ltd (INDO) has experienced a quarterly decline of -45.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 22.54M and boasts a workforce of 75 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.05, with a change in price of -0.17. Similarly, Indonesia Energy Corp Ltd recorded 1,441,177 in trading volume during the last 100 days, posting a change of -7.14%.

Examining INDO’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for INDO stands at 0.07. Similarly, the long-term debt-to-equity ratio is also 0.03.

INDO Stock Stochastic Average

Today, Indonesia Energy Corp Ltd’s raw stochastic average for the past 50 days stands at 2.02%, indicating a decline from the raw stochastic average of the last 20 days, which was 7.25%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 10.54% and 15.60% respectively.

INDO Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. Year to date metric has recorded a loss of -18.45%.However, over the last six months, we can see a stronger performance of -15.65%. Over the last 30 days, the price of INDO has leaped by -17.23%. And in the last five days, it has fallen by -15.49%.

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