Indonesia Energy Co. Limited (NYSE:INDO – Get Free Report) dropped 10.1% during mid-day trading on Tuesday . The stock traded as low as $2.92 and last traded at $2.93. Approximately 863,657 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 1,413,094 shares. The stock had previously closed at $3.26.
Indonesia Energy Stock Performance
The company has a 50-day simple moving average of $3.03 and a 200-day simple moving average of $3.15.
Indonesia Energy Company Profile
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.
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