Indonesia Energy Co. Limited (NYSE:INDO – Get Free Report) shares were up 2.6% during mid-day trading on Thursday . The stock traded as high as $2.73 and last traded at $2.73. Approximately 437,420 shares traded hands during trading, a decline of 80% from the average daily volume of 2,241,740 shares. The stock had previously closed at $2.66.
Indonesia Energy Price Performance
The company’s 50-day moving average price is $3.45 and its 200-day moving average price is $3.12.
About Indonesia Energy
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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