The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded a decrease of -4.68%. However, over the last six months, the performance has been stronger by -22.06%. The price of INDO increased 17.26% over the last 30 days. And in the last five days, it has surged by 14.72%.
Indonesia Energy Corp Ltd saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $5.88 on 10/07/24, while the lowest price for the same duration was marked at $2.06 on 07/25/24.
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 -54.93% away from its 52-week high, while its distance from the 52-week low is 28.64%. The stock’s price range during this period has varied between$2.06 and $5.88. The Indonesia Energy Corp Ltd’s shares, which operate in the Energy, saw a trading volume of around 0.26 million for the day, a figure considerably higher than their average daily volume of 0.19 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Indonesia Energy Corp Ltd (INDO) has experienced a quarterly decline of -4.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 36.86M and boasts a workforce of 73 employees.
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 2.66, with a change in price of -0.29. Similarly, Indonesia Energy Corp Ltd recorded 393,244 in trading volume during the last 100 days, posting a change of -9.86%.
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 0.05. Similarly, the long-term debt-to-equity ratio is also 0.02.
INDO Stock Stochastic Average
Indonesia Energy Corp Ltd’s raw stochastic average for the past 50 days is presently 58.45%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 95.45%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 77.12% and 55.34%, respectively.
