Shares of Indonesia Energy Corporation Limited (INDO) Rise to a New 52-Week High

March 3, 2022 10:58:40

Shares of Indonesia Energy Corporation Limited (NYSE American:INDO) traded at a new 52-week high today of $25.00. This new high was reached on above average trading volume as 21.4 million shares traded hands, while the average 30-day volume is approximately 11.2 million shares.

Over the past year, Indonesia Energy Corporation Limited has traded in a range of $2.61 to $25.00 and is now at $21.62, 728% above that low.

Indonesia Energy Corporation Limited (NYSE American:INDO) is currently priced 44.8% above its average consensus analyst price target of $11.94.

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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