Shares of Indonesia Energy Co. Limited (NYSE:INDO – Get Free Report) rose 2.7% during trading on Thursday . The stock traded as high as $2.72 and last traded at $2.70. Approximately 145,259 shares were traded during trading, a decline of 79% from the average daily volume of 705,449 shares. The stock had previously closed at $2.63.
Indonesia Energy Stock Performance
The company’s 50-day simple moving average is $2.90 and its 200 day simple moving average is $3.20.
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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