A look into Indonesia Energy Corp Ltd (INDO)’s deeper side

With 0.71 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.7 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $3.23 whereas the lowest price it dropped to was $3.04. 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.

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 10.10%, but this was up by 4.29% over a month. Three-month performance dropped to -28.02% while six-month performance rose 15.75%. The stock gained 7.12% in the past year, while it has gained 13.67% 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 2024-12-13, short shares totaled 0.43 million, which was 322.0 higher than short shares on 1731628800. 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.

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.