Indonesia Energy (NYSE:INDO) Trading Up 1.9%

Indonesia Energy Co. Limited (NYSE:INDO)’s stock price rose 1.9% during trading on Friday . The company traded as high as $2.74 and last traded at $2.65. Approximately 630,918 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 1,695,687 shares. The stock had previously closed at $2.60.

Indonesia Energy Stock Up 2.7 %

The company has a 50 day moving average price of $2.88 and a 200 day moving average price of $3.02.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Indonesia Energy stock. Virtu Financial LLC bought a new stake in Indonesia Energy Co. Limited (NYSE:INDO) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 14,399 shares of the company’s stock, valued at approximately $31,000. Virtu Financial LLC owned about 0.14% of Indonesia Energy as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 0.51% of the company’s stock.

About Indonesia Energy

Indonesia Energy Corporation Limited operates as an oil and gas exploration and production company in Indonesia. The company holds interests in the Kruh Block, a producing block covering an area of 258 square kilometers with net crude oil proved reserves of 2.06 million barrels located to the northwest of Pendopo, Pali, South Sumatra; and the Citarum Block, an exploration block covering an area of 3,924.67 square kilometers located onshore in West Java.