Indonesia Energy (NYSE:INDO) Stock Price Up 2.7% – Here’s Why

Indonesia Energy Co. Limited (NYSE:INDOGet Free Report)’s share price traded up 2.7% during mid-day trading on Thursday . The stock traded as high as $2.72 and last traded at $2.70. 145,259 shares traded hands during trading, a decline of 79% from the average session volume of 705,449 shares. The stock had previously closed at $2.63.

Indonesia Energy Trading Down 2.0 %

The company’s fifty day simple moving average is $2.90 and its 200-day simple moving average is $3.20.

Indonesia Energy Company Profile

(Get Free Report)

Indonesia Energy Corporation Limited, together with its subsidiaries, operates as an oil and gas exploration and production company in Indonesia. It holds interests in the Kruh Block, a producing block covering approximately an area of 258 square kilometers located in the Pali, South Sumatra; and the Citarum Block, an exploration block covering approximately an area of 3,924.67 square kilometers located in the onshore of West Java.

Further Reading

Receive News & Ratings for Indonesia Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Indonesia Energy and related companies with MarketBeat.com's FREE daily email newsletter.