The market performance of Indonesia Energy Corp Ltd’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $5.88 on 10/07/24, while the lowest value for the same duration was $2.06 on 07/25/24.
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 -11.90% away from its 52-week high, while its distance from the 52-week low is 151.46%. The stock’s price range during the 52-week period has remained between $2.06 and $5.88. In the Energy sector, the company’s shares saw a trading volume of around 37.89 million for the day, which was evidently higher than the average daily volume of 0.38 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Indonesia Energy Corp Ltd (INDO) has experienced a quarterly rise of 91.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 72.05M and boasts a workforce of 73 employees.
Making Sense of Trading Volume and Moving Average Data
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 0.05. Similarly, the long-term debt-to-equity ratio is also 0.02.
INDO Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 86.33%. However, over the last six months, the performance has been weaker by 87.68%. The price of INDO increased 116.74% over the last 30 days. And in the last five days, it has surged by 101.56%.
