Indonesia Energy (NYSE:INDO) Shares Up 2.6% – What’s Next?

Indonesia Energy Co. Limited (NYSE:INDOGet Free Report)’s share price rose 2.6% during trading on Thursday . The company traded as high as $2.73 and last traded at $2.73. Approximately 437,420 shares were traded 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 Stock Up 0.7 %

The business’s 50 day moving average price is $3.41 and its two-hundred day moving average price is $3.12.

Indonesia Energy Company Profile

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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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