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How to Buy Indonesia Energy Stock

Indonesia Energy Corp Ltd

Indonesia Energy Corporation Limited, through its subsidiaries, operates as an oil and gas exploration and production company in Indonesia.

Indonesia Energy stock last closed at $4.35, up 5.07% from the previous day, and has decreased 5.23% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.3 percentage points. Indonesia Energy stock is currently +114.29% from its 52-week low of $2.03, and -34.59% from its 52-week high of $6.65.

As of Apr 26, 2024, there are 10.2M INDO shares outstanding. The market value of INDO is $44.38M. In the past 24 hours, 1.13M INDO shares were traded.

How to Buy Indonesia Energy Stock

Not sure how to invest in Indonesia Energy stock? Here's how.
  1. Choose where to buy Indonesia Energy stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Indonesia Energy stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Select your method of payment and add your info.
  4. Evaluate Indonesia Energy stock: The Indonesia Energy ticker symbol is INDO. Is Indonesia Energy stock a good investment? Should you buy shares of INDO? How do INDO's underlying business fundamentals look? Do top analysts think Indonesia Energy is a good buy? Why has INDO's stock price moved recently? (Hint: Our stock analysis website can help you figure out if INDO is a good stock to buy).
  5. Place your INDO purchase: Decide if you will purchase INDO shares at the current market price or use a limit order to buy INDO stock at a specific price.
  6. Get key alerts regarding your investment in INDO: Create a watchlist to get the latest news on your position in Indonesia Energy shares.

Step 1: Choose where to buy Indonesia Energy stock

You need an online brokerage account in order to access the NYSEMKT market and buy INDO shares.

A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected your brokerage, the next step is to fill out some personal details so you are able to invest in INDO stock today.

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Step 3: Deposit funds into your brokerage account

Now that you've opened your account on our top ranked stock trading app, your next step is to transfer the money for your investment:

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Step 4: Evaluate Indonesia Energy stock

Once you have figured out the best place to buy Indonesia Energy stock, it's crucial to analyze their stock before you invest, so you can wrap your head around the risk and opportunity.

Indonesia Energy stock quick numbers

INDO Price
$4.35
1w %
-13.52%
1y %
-5.23%
5y %
N/A
P/E
-16.73x
P/B
3.02x
P/S
12.5x
PEG
N/A
Revenue
$3.53M
Earnings
-$2.64M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$44.38M
Next Earnings
N/A
Next Dividend
N/A

INDO Due Diligence Checks

WallStreetZen was designed to help average investors do more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on INDO's stock page.

Is INDO stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge INDO's fair value.

Using relative valuations ratios:

  • INDO may be overvalued based on its P/B ratio of 3.02x, relative to Oil & Gas E&P industry P/B ratio of 2.17x

You can do additional valuation research on INDO's stock here.

INDO Financial Health Summary

Pros:

  • There are more short-term assets than long-term liabilities on the INDO balance sheet.
  • There are more short-term assets than short-term liabilities on the INDO balance sheet.
  • Total INDO debt is lower than 5 years ago, relative to shareholder equity.
  • INDO has cash burn of 3398378. It has sufficient cash and short-term investments to cover this for at least one year.
  • INDO has $3.58M in cash and short term investments. This is enough to cover its annual cash burn of $3.40M.
  • INDO has a low debt to equity ratio of 0.21.

Cons:

  • INDO profit margin has gone up by 0.01 percentage points in the past year, but the company is still unprofitable.

INDO Technicals

SMA10
4.5
SMA20
3.75
SMA50
2.87
SMA100
2.78
SMA200
3.22
MACD
0.49
MACD Signal
0.49
MACD Histogram
0
RSI
56.75
Stochastic %K
43.24
Stochastic %D
43.68
StochRSI %K
8.53
StochRSI %D
8.74

INDO Earnings

Last year, INDO revenue was $3.53M. In the last 5 year, INDO's revenue has gone up by -9.65% per year. This was slower than the Oil & Gas E&P industry average of 19.17%.

Dive into INDO's earnings and revenue performance here.

Who is buying/selling INDO?

In the past year, insiders at INDO have not bought or sold any shares.

Get more info about who owns INDO shares here.

Does INDO provide a stable income stream?

No, Indonesia Energy doesn't provide an income stream by paying out dividends.

INDO Social Trading Data

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Step 5: Place your INDO purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price, use a limit order.

Press the Open Trade button and your broker will place your order.

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Step 6: Get key alerts regarding your investment in INDO

Now that you own some shares in INDO, you'll want to stay up-to-date on your new company.

Add INDO to a watchlist to monitor your INDO stock.

INDO Feed

How to Buy Stock in Indonesia Energy

To reiterate, here are the 6 steps you need to take to buy Indonesia Energy stock right now:

  1. Choose where to buy Indonesia Energy stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Indonesia Energy stock
  5. Place your INDO purchase
  6. Get key alerts regarding your investment in INDO

If you need a brokerage, eToro is our recommended venue.

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If you want to track your new investment in Indonesia Energy, add INDO to your watchlist by clicking the button below.

NYSEMKT: INDO
$4.35+0.21 (+5.07%)
Updated Apr 26, 2024
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NYSEMKT: INDO
$4.35+0.21 (+5.07%)
Updated Apr 26, 2024
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FAQ

How much does it cost to buy one Indonesia Energy share?

As of Apr 26, 2024, it costs $4.35 to buy one share of Indonesia Energy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.46 shares of INDO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Indonesia Energy stock?

One way to place an order for Indonesia Energy stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.