Indonesia Energy Corp Ltd (AMEX:INDO)’s 12-Month Price Target Currently Stands At 11

In last trading session, Indonesia Energy Corp Ltd (AMEX:INDO) saw 1.11 million shares changing hands with its beta currently measuring -0.05. Company’s recent per share price level of $3.80 trading at -$0.38 or -9.09% at ring of the bell on the day assigns it a market valuation of $39.33M. That closing price of INDO’s stock is at a discount of -75.0% from its 52-week high price of $6.65 and is indicating a premium of 46.58% from its 52-week low price of $2.03. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.36 million shares which gives us an average trading volume of 5.12 million if we extend that period to 3-months.

For Indonesia Energy Corp Ltd (INDO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.

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Indonesia Energy Corp Ltd (AMEX:INDO) trade information

Upright in the red during last session for losing -9.09%, in the last five days INDO remained trading in the green while hitting it’s week-highest on Monday, 11/04/24 when the stock touched $3.80 price level, adding 16.48% to its value on the day. Indonesia Energy Corp Ltd’s shares saw a change of 40.22% in year-to-date performance and have moved 2.70% in past 5-day. Indonesia Energy Corp Ltd (AMEX:INDO) showed a performance of -20.83% in past 30-days. Number of shares sold short was 0.65 million shares which calculate 0.07 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 11 to the stock, which implies a rise of 65.45% to its current value. Analysts have been projecting 11 as a low price target for the stock while placing it at a high target of 11. It follows that stock’s current price would drop -189.47% in reaching the projected high whereas dropping to the targeted low would mean a loss of -189.47% for stock’s current value.

Indonesia Energy Corp Ltd (INDO) estimates and forecasts

This year revenue growth is estimated to fall -52.60% from the last financial year’s standing.

Indonesia Energy Corp Ltd (AMEX:INDO)’s Major holders

COMMONWEALTH EQUITY SERVICES, LLC is the top institutional holder at INDO for having 31000.0 shares of worth $85000.0. And as of 2024-06-30, it was holding 0.3056 of the company’s outstanding shares.

The second largest institutional holder is UBS GROUP AG, which was holding about 17746.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.175 of outstanding shares, having a total worth of $48802.0.