Indonesia Energy Corporation (INDO) Stock Forecast for 2024. Indo Prediction







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Indonesia Energy Corporation Limited (INDO) Stock Forecast for 2024. Indo Shares Prediction

Updated: November 11, 2024 (01:16)

Sector: Energy

The share price of Indonesia Energy Corporation Limited (INDO) now

What analysts predict: $10
52-week High/Low: $6.65 / $2.03

50/200 Day Moving Average: $3.562 / $3.119

This figure corresponds to the Average Price over the previous 50/200 days. For Indonesia Energy Corporation stocks, the 50-day moving average is the resistance level today.

For Indonesia Energy Corporation stocks, the 200-day moving average is the resistance level today.

Are you interested in Indonesia Energy Corporation Limited stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Indonesia Energy Corporation stock price in 2024. How much will one Indonesia Energy Corporation share be worth in 2024? Is it worth taking profit / loss on INDO stock now or waiting? What are analysts' forecasts for Indonesia Energy Corporation stock?

We forecast Indonesia Energy Corporation stock performance using neural networks based on historical data on INDO stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.

Indonesia Energy Corporation Limited stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Indonesia Energy Corporation analysts is $10. Today 200 Day Moving Average is the support level (3.119 $). 50 Day Moving Average is the support level (3.562 $).




Historical and forecast chart of Indonesia Energy Corporation Limited stock

The chart below shows the historical price of Indonesia Energy Corporation stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the INDO stock price can be found in the table below.


Trending Themes in the Energy Sector

Indonesia Energy Corporation (INDO) Forecast for 2024

Month Target Pes. Opt. Vol., %
Dec 3.49 2.93 3.95 25.66 %

Indonesia Energy Corporation information and performance

Indonesia Energy Corporation Address

DEA TOWER I, 11TH FLOOR, SUITE 1103, MEGA KUNINGAN, JAKARTA, ID

Market Capitalization: 48 389 700 $

Market capitalization of the Indonesia Energy Corporation Limited is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of INDO shares in the company outstanding by the market price of one share.

EBITDA: -3 032 025 $

EBITDA of Indonesia Energy Corporation is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -0.36

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: -0.216
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: -

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 15.55

Enterprise Value (EV) /Revenue

EV To EBITDA: -10.67

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 13330500

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Indonesia Energy Corporation price target for 2024 by month


Target values for the price of one Indonesia Energy Corporation share for Dec 2024.

The weighted average target price per Indonesia Energy Corporation share in Dec 2024 is: 3.49.
In Dec, the Positive dynamics for Indonesia Energy Corporation Limited shares will prevail with possible monthly volatility of 25.664% volatility is expected.
Pessimistic target level: 2.93
Optimistic target level: 3.95



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