Indonesia Energy Corp Ltd [INDO] stock prices are up 9.11% to $4.19 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The INDO shares have gain 35.16% over the last week, with a monthly amount glided 42.52%, 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 an 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.
The stock price of Indonesia Energy Corp Ltd [INDO] has been fluctuating between $2.10 and $7.95 over the past year. 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 $4.19 at the most recent close of the market. An investor can expect a potential return of 162.53% based on the average INDO price forecast.
Analyzing the INDO fundamentals
Gross Profit Margin for this corporation currently stands at -0.64% with Operating Profit Margin at -3.04%, Pretax Profit Margin comes in at -3.08%, and Net Profit Margin reading is -3.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.28, Equity is -0.35 and Total Capital is -0.29. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It’s worth pointing out that Indonesia Energy Corp Ltd [AMEX:INDO]’s Current Ratio is 6.36. On the other hand, the Quick Ratio is 6.15, and the Cash Ratio is 5.47. Considering the valuation of this stock, the price to sales ratio is 27.42, the price to book ratio is 2.86.
