In the last trading session, 1.35 million Indonesia Energy Corp Ltd (AMEX:INDO) shares changed hands as the company’s beta touched -0.67. With the company’s per share price at $3.12 changed hands at $0.06 or 1.96% during last session, the market valuation stood at $45.27M. INDO’s last price was a discount, traded about -154.81% off its 52-week high of $7.95. The share price had its 52-week low at $2.06, which suggests the last value was 33.97% up since then. When we look at Indonesia Energy Corp Ltd’s average trading volume, we note the 10-day average is 15.3 million shares, with the 3-month average coming to 2.76 million.
Analysts gave the Indonesia Energy Corp Ltd (INDO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended INDO as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Indonesia Energy Corp Ltd’s EPS for the current quarter is expected to be 0.
Indonesia Energy Corp Ltd (AMEX:INDO) trade information
Instantly INDO was in green as seen at the end of in last trading. With action -38.34%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 14.29%, with the 5-day performance at -38.34% in the red. However, in the 30-day time frame, Indonesia Energy Corp Ltd (AMEX:INDO) is 21.88% up. Looking at the short shares, we see there were 1.21 million shares sold at short interest cover period of 0.51 days.
The consensus price target for the stock as assigned by Wall Street analysts is 11, meaning bulls need an upside of 71.64% from its current market value. According to analyst projections, INDO’s forecast low is 11 with 11 as the target high. To hit the forecast high, the stock’s price needs a -252.56% plunge from its current level, while the stock would need to soar -252.56% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -14.80%.
INDO Dividends
Indonesia Energy Corp Ltd is expected to release its next quarterly earnings report on 2022-May-02.
Indonesia Energy Corp Ltd (AMEX:INDO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 37.66% of Indonesia Energy Corp Ltd shares while 0.60% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 0.95%. There are 0.60% institutions holding the Indonesia Energy Corp Ltd stock share, with COMMONWEALTH EQUITY SERVICES, LLC the top institutional holder. As of 2024-06-30, the company held 0.3056% of the shares, roughly 31000.0 INDO shares worth $85000.0.
UBS GROUP AG holds the second largest percentage of outstanding shares, with 0.175% or 17746.0 shares worth $48802.0 as of 2024-06-30.
