Indonesia Energy Corp Ltd saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $6.65 on 04/15/24, while the lowest price for the same duration was marked at $2.03 on 03/12/24.
52-week price history of INDO Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Indonesia Energy Corp Ltd’s current trading price is -54.14% away from its 52-week high, while its distance from the 52-week low is 50.24%. The stock’s price range during the 52-week period has remained between $2.03 and $6.65. In the Energy sector, the company’s shares saw a trading volume of around 2.53 million for the day, which was evidently higher than the average daily volume of 0.93 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Indonesia Energy Corp Ltd (INDO) has experienced a quarterly decline of -36.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 41.48M 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 3.29, with a change in price of -0.12. Similarly, Indonesia Energy Corp Ltd recorded 2,703,212 in trading volume during the last 100 days, posting a change of -3.79%.
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
Indonesia Energy Corp Ltd’s raw stochastic average for the past 50 days is presently 23.08%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 45.00%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 64.32% and 72.59%, respectively.
INDO Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Year to date metric has recorded a gain of 9.71%.However, over the last six months, we can see a weaker performance of 18.21%. Over the last 30 days, the price of INDO has fallen by 7.39%. And in the last five days, it has surged by 9.71%.
