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
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 -40.00% away from its 52-week high, while its distance from the 52-week low is 96.55%. 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 2.25 million for the day, which was noticeably lower compared to the average daily volume of 9.5.78 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 rise of 79.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 40.70M 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 3.10, with a change in price of +1.02. Similarly, Indonesia Energy Corp Ltd recorded 3,831,849 in trading volume during the last 100 days, posting a change of +34.34%.
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 46.61%, indicating a rise from the raw stochastic average of the last 20 days, which was 46.61%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 55.74% and 55.49% respectively.
INDO Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The metric has seen a significant gain of 47.23% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -6.34%. Over the past 30 days, the price of INDO has fallen by 61.54%. And in the last five days, it has fallen by -8.28%.
