Should You Buy Indonesia Energy Corp Ltd (INDO) Stock Friday Morning?

Friday, August 19, 2022 07:20 AM | InvestorsObserver Analysts

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Indonesia Energy Corp Ltd (INDO) has fallen Friday morning, with the stock decreasing -5.87% in pre-market trading to 7.38. INDO's short-term technical score of 73 indicates that the stock has traded more bullishly over the last month than 73% of stocks on the market. In the Oil & Gas E&P industry, which ranks 8 out of 146 industries, Indonesia Energy Corp Ltd ranks higher than 22% of stocks. Indonesia Energy Corp Ltd has risen 12.16% over the past month, closing at $5.98 on July 22. During this period of time, the stock fell as low as $5.77 and as high as $6.80. INDO has an average analyst recommendation of Strong Buy. The company has an average price target of $13.00.

INDO has an Overall Score of 57. Find out what this means to you and get the rest of the rankings on INDO!
Indonesia Energy Corp Ltd has a Long-Term Technical rank of 35. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 65% of the market scoring higher. In the Oil & Gas E&P industry which is number 15 by this metric, INDO ranks better than 15% of stocks.

Important Dates for Investors in INDO:

-We do not have a set earnings date for Indonesia Energy Corp Ltd at this time. -We do not have a set dividend date for Indonesia Energy Corp Ltd at this time. Click Here To Get The Full Report on Indonesia Energy Corp Ltd (INDO)

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