PEDEVCO Corp. (NYSEAMERICAN:PED – Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $1.02. PEDEVCO shares last traded at $1.01, with a volume of 20,404 shares traded.
PEDEVCO Price Performance
The company has a market capitalization of $87.91 million, a price-to-earnings ratio of 33.68 and a beta of 1.32.
PEDEVCO (NYSEAMERICAN:PED – Get Free Report) last released its quarterly earnings data on Wednesday, May 15th. The company reported $0.01 earnings per share for the quarter, hitting the consensus estimate of $0.01. The business had revenue of $8.12 million during the quarter, compared to analyst estimates of $6.47 million. PEDEVCO had a return on equity of 3.71% and a net margin of 11.32%. Sell-side analysts anticipate that PEDEVCO Corp. will post 0.12 EPS for the current year.
PEDEVCO Company Profile
PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. It holds interests in the Permian Basin asset covering an area of approximately 22,721 net acres located in New Mexico; and D-J Basin asset covering an area of approximately 19,214 net acres located in Wyoming.
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