(INDO) Indonesia Energy - Ratings and Ratios

Indonesia Energy Corporation Limited, an oil and gas exploration and production company, focuses on developing energy resources in Indonesia. The company holds significant interests in two key blocks: the Kruh Block, a producing asset spanning 258 square kilometers in Pali, South Sumatra, and the Citarum Block, a larger exploration area of 3,924.67 square kilometers located onshore in West Java. Established in 2018 and headquartered in Jakarta, Indonesia Energy Corporation Limited operates as a subsidiary of Maderic Holding Limited. The companys strategic presence in Indonesia, a region rich in natural resources, positions it to leverage the countrys energy potential.

Based on and , the 3-month forecast for Indonesia Energy Corporation Limited (NYSE MKT:INDO) indicates potential volatility. The stock is currently trading below its 20, 50, and 200-day moving averages (SMA 20: 2.74, SMA 50: 2.87, SMA 200: 3.07), suggesting bearish momentum. The Average True Range (ATR) of 0.21 reflects moderate price volatility. From a perspective, the companys high P/S ratio (11.74) and negative RoE (-17.99) signal financial strain. While the low market cap (36.72M USD) may present speculative opportunities, the stock is likely to remain under pressure unless operational improvements materialize.