Indonesia Energy (NYSE:INDO) Trading 1.1% Higher – Here’s Why

Indonesia Energy Co. Limited (NYSE:INDOGet Free Report) shares shot up 1.1% during mid-day trading on Wednesday . The company traded as high as $2.86 and last traded at $2.84. 109,305 shares were traded during mid-day trading, a decline of 89% from the average session volume of 1,036,687 shares. The stock had previously closed at $2.81.

Indonesia Energy Stock Up 1.1 %

The company has a 50-day simple moving average of $2.92 and a 200 day simple moving average of $3.18.

About Indonesia Energy

(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.

Featured Articles

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.