Indonesia Energy Corp Ltd (AMEX: INDO) is 54.61% higher on its value in year-to-date trading and has touched a low of $2.03 and a high of $6.65 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The INDO stock was last observed hovering at around $5.03 in the last trading session, with the day’s loss setting it -0.84%.
Currently trading at $4.19, the stock is 29.86% and 54.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.77 million and changing -16.70% at the moment leaves the stock 30.00% off its SMA200. INDO registered -13.71% loss for a year compared to 6-month loss of 1.70%.
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The stock witnessed a 90.45% gain in the last 1 month and extending the period to 3 months gives it a 56.93%, and is -31.09% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 26.70% over the week and 23.30% over the month.
Distance from 52-week low is 106.40% and -36.99% from its 52-week high.
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Indonesia Energy Corp Ltd (INDO) Top Institutional Holders
The shares outstanding are 10.14M, and float is at 4.71M with Short Float at 0.07%.
