In today’s recent session, 0.45 million shares of the Indonesia Energy Corp Ltd (AMEX:INDO) have been traded, and its beta is -0.10. Most recently the company’s share price was $3.23, and it changed around -$0.11 or -3.14% from the last close, which brings the market valuation of the company to $44.00M. INDO at last check was trading at a discount to its 52-week high of $6.65, offering almost -105.88% off that amount. The share price’s 52-week low was $2.03, which indicates that the recent value has risen by an impressive 37.15% since then. We note from Indonesia Energy Corp Ltd’s average daily trading volume that its 10-day average is 1.64 million shares, with the 3-month average coming to 857.06K.
Indonesia Energy Corp Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended INDO as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Indonesia Energy Corp Ltd is expected to report earnings per share of 0 for the current quarter.
Indonesia Energy Corp Ltd (AMEX:INDO) trade information
Instantly INDO has been showing red trend so far today with a performance of -3.14% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.75 on recent trading dayincreased the stock’s daily price by 13.87%. The company’s shares are currently up 16.37% year-to-date, but still up 10.41% over the last five days. On the other hand, Indonesia Energy Corp Ltd (AMEX:INDO) is 21.62% up in the 30-day period. We can see from the shorts that 0.52 million shares have been sold at a short interest cover period of 1.31 day(s).
The consensus price target as assigned by Wall Street analysts is $11, which translates to bulls needing to increase their stock price by 70.64% from its current value. Analyst projections state that INDO is forecast to be at a low of $11 and a high of $11.
