Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price gain of 137.83% this year. Over the last six months, there has been a weaker performance of 135.19%. The price of INDO fallen by 150.00% during the last 30 days period. For the last 5-days stocks have improved 22.59%.
Indonesia Energy Corp Ltd had a pretty favorable run when it comes to the market performance.
52-week price history of INDO Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Indonesia Energy Corp Ltd’s current trading price is 1.76% away from its 52-week high, while its distance from the 52-week low is 208.25%. The stock’s price range over this timeframe has been between $2.06 and $6.24. The shares of the Energy sector company recorded a trading volume of approximately 22.3 million for the day, which was comparatively higher than the average daily volume of 1.74 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Indonesia Energy Corp Ltd (INDO) has experienced a quarterly rise of 123.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 92.15M and boasts a workforce of 73 employees.
How Moving Averages and Trading Volume Data Work Together
INDO’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder 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.
