With 0.14 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.76 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $2.9399 whereas the lowest price it dropped to was $2.8132. The 52-week range on INDO shows that it touched its highest point at $6.65 and its lowest point at $2.03 during that stretch. It currently has a 1-year price target of $10.00. Beta for the stock currently stands at -0.13.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of INDO was up-trending over the past week, with a rise of 7.78%, but this was down by -11.82% over a month. Three-month performance surged to 14.12% while six-month performance rose 5.05%. The stock gained 5.82% in the past year, while it has gained 7.38% so far this year.
Float and Shares Shorts:
At present, 7.36 million INDO shares are outstanding with a float of 6.46 million shares on hand for trading. On 2024-11-29, short shares totaled 0.48 million, which was 361.0 higher than short shares on 1730332800. In addition to Dr. Wirawan Jusuf as the firm’s Co-Founder, Chairman of the Board & CEO, Mr. Frank C. Ingriselli serves as its President.
Institutional Ownership:
Through their ownership of 0.0037 of INDO’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for INDO since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.36 being high and -$0.36 being low. For INDO, this leads to a yearly average estimate of -$0.36. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
