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NYSEAMERICAN:PED

PEDEVCO (PED) Stock Price, News & Analysis

PEDEVCO logo
$0.87 -0.02 (-2.22%)
(As of 11/22/2024 ET)

About PEDEVCO Stock (NYSEAMERICAN:PED)

Key Stats

Today's Range
$0.87
$0.90
50-Day Range
N/A
52-Week Range
$0.61
$1.10
Volume
30,800 shs
Average Volume
98,985 shs
Market Capitalization
$75.73 million
P/E Ratio
29.01
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. The company is headquartered in Houston, Texas.

PEDEVCO Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
31st Percentile Overall Score

PED MarketRank™: 

PEDEVCO scored higher than 31% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for PEDEVCO.

  • Earnings Growth

    Earnings for PEDEVCO are expected to decrease by -50.00% in the coming year, from $0.12 to $0.06 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of PEDEVCO is 29.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.22.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of PEDEVCO is 29.01, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 108.56.

  • Price to Book Value per Share Ratio

    PEDEVCO has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.05% of the float of PEDEVCO has been sold short.
  • Short Interest Ratio / Days to Cover

    PEDEVCO has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in PEDEVCO has recently decreased by 62.39%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    PEDEVCO does not currently pay a dividend.

  • Dividend Growth

    PEDEVCO does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.05% of the float of PEDEVCO has been sold short.
  • Short Interest Ratio / Days to Cover

    PEDEVCO has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in PEDEVCO has recently decreased by 62.39%, indicating that investor sentiment is improving significantly.
  • Search Interest

    Only 1 people have searched for PED on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, PEDEVCO insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    71.10% of the stock of PEDEVCO is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 3.05% of the stock of PEDEVCO is held by institutions.

  • Read more about PEDEVCO's insider trading history.
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PED Stock Analysis - Frequently Asked Questions

PEDEVCO's stock was trading at $0.6710 at the start of the year. Since then, PED stock has increased by 29.7% and is now trading at $0.8701.
View the best growth stocks for 2024 here
.

PEDEVCO Corp. (NYSEAMERICAN:PED) posted its quarterly earnings data on Tuesday, May, 16th. The company reported $0.02 EPS for the quarter, topping the consensus estimate of $0.01 by $0.01. The firm had revenue of $8.16 million for the quarter, compared to analyst estimates of $8.12 million. PEDEVCO had a trailing twelve-month return on equity of 3.71% and a net margin of 11.32%.

Shares of PED stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that PEDEVCO investors own include Plug Power (PLUG), Energy Transfer (ET), Palantir Technologies (PLTR), Cheniere Energy (LNG), Meta Platforms (META), Camber Energy (CEI) and Avino Silver & Gold Mines (ASM).

Company Calendar

Last Earnings
5/16/2023
Today
11/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
Petroleum And Natural Gas
Current Symbol
NYSEAMERICAN:PED
CIK
N/A
Employees
10
Year Founded
N/A

Profitability

Net Income
$2.84 million
Pretax Margin
11.32%

Debt

Sales & Book Value

Annual Sales
$30.03 million
Cash Flow
$0.14 per share
Book Value
$1.13 per share

Miscellaneous

Free Float
25,155,000
Market Cap
$75.73 million
Optionable
Not Optionable
Beta
1.32
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This page (NYSEAMERICAN:PED) was last updated on 11/25/2024 by MarketBeat.com Staff
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