Indonesia Energy Corporation Limited Looks to Continue to Trade Above its Annual-High Share Price Today

February 24, 2022 10:30:50

Indonesia Energy Corporation Limited (NYSE American:INDO) traded today at a new 52-week high of $14.25. Approximately 14.4 million shares have changed hands today, as compared to an average 30-day volume of 8.3 million shares.

In the past 52 weeks, shares of Indonesia Energy Corporation Limited have traded between a low of $2.61 and a high of $14.25 and is now at $11.72, which is 349% above that low price.

Indonesia Energy Corporation Limited (NYSE American:INDO) defies analysts with a current price ($11.72) 28.6% above its average consensus price target of $8.37.

Indonesia Energy Corp Ltd is an oil and gas exploration and production company focused on Indonesia. Its portfolio consists of Kruh Block and Citarum Block. The company generates its revenue from oil and gas sales.

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