In last trading session, Indonesia Energy Corp Ltd (AMEX:INDO) saw 0.52 million shares changing hands with its beta currently measuring -0.66. Company’s recent per share price level of $2.85 trading at -$0.02 or -0.70% at ring of the bell on the day assigns it a market valuation of $41.36M. That closing price of INDO’s stock is at a discount of -178.95% from its 52-week high price of $7.95 and is indicating a premium of 27.72% from its 52-week low price of $2.06. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.96 million shares which gives us an average trading volume of 3.00 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.
Indonesia Energy Corp Ltd (AMEX:INDO) trade information
Indonesia Energy Corp Ltd’s shares saw a change of 10.04% in year-to-date performance and have moved -4.68% in past 5-day. Indonesia Energy Corp Ltd (AMEX:INDO) showed a performance of -45.71% in past 30-days. Number of shares sold short was 1.21 million shares which calculate 0.51 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 74.09% 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 -285.96% in reaching the projected high whereas dropping to the targeted low would mean a loss of -285.96% for stock’s current value.
Indonesia Energy Corp Ltd (AMEX:INDO)’s Major holders
Insiders are in possession of 37.66% of company’s total shares while institution are holding 0.60 percent of that, with stock having share float percentage of 0.95%. Investors also watch the number of corporate investors in a company very closely, which is 0.60% institutions for Indonesia Energy Corp Ltd that are currently holding shares of the company. 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.