A share price of Indonesia Energy Corp Ltd [INDO] is currently trading at $1740000.0, up 3449800%. An important factor to consider is whether the stock is rising or falling in short-term value. The INDO shares have gain 42.94% over the last week, with a monthly amount glided 120.96%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Indonesia Energy Corp Ltd [AMEX: INDO] stock has seen the most recent analyst activity on June 24, 2022, when Noble Capital Markets upgraded its rating to a Outperform but kept the price target unchanged to $15 for it. Previously, Noble Capital Markets upgraded its rating to Outperform on March 25, 2021, and kept the price target unchanged to $8. On February 12, 2020, Aegis Capital initiated with a Buy rating and assigned a price target of $10 on the stock.
Indonesia Energy Corp Ltd experienced fluctuations in its stock price throughout the past year between $2.06 and $6.24. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Indonesia Energy Corp Ltd [AMEX: INDO] shares were valued at $1740000.0 at the most recent close of the market. An investor can expect a potential drop of -100.0% based on the average INDO price forecast.
Analyzing the INDO fundamentals
Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at -1.17%, Pretax Profit Margin comes in at -1.14%, and Net Profit Margin reading is -1.14%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.18 and Total Capital is -0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Indonesia Energy Corp Ltd [AMEX:INDO] is 3.18. On the other hand, the Quick Ratio is 3.08, and the Cash Ratio is 2.4. Considering the valuation of this stock, the price to sales ratio is 27.50, the price to book ratio is 3.78.
