On Tuesday, PEDEVCO Corp (AMEX: PED) was 5.91% up from the session before settling in for the closing price of $0.90. A 52-week range for PED has been $0.61 – $1.10.
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Annual sales at Energy sector company grew by 37.70% over the past five years. With a float of $25.89 million, this company’s outstanding shares have now reached $89.50 million.
Let’s look at the performance matrix of the company that is accounted for 15 employees. In terms of profitability, gross margin is 44.05%, operating margin of 16.35%, and the pretax margin is 6.22%.
PEDEVCO Corp (PED) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward PEDEVCO Corp stocks. The insider ownership of PEDEVCO Corp is 71.07%, while institutional ownership is 2.65%. The most recent insider transaction that took place on Dec 27 ’24, was worth 25,764. In this transaction CAO and PFO and AO of this company sold 35,000 shares at a rate of $0.74, taking the stock ownership to the 714,700 shares. Before that another transaction happened on Jan 25 ’24, when Company’s CAO and PFO and AO sold 35,000 for $0.64, making the entire transaction worth $22,292. This insider now owns 499,700 shares in total.
PEDEVCO Corp (PED) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.02 per share during the current fiscal year.
PEDEVCO Corp (AMEX: PED) Trading Performance Indicators
You can see what PEDEVCO Corp (PED) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.38. Likewise, its price to free cash flow for the trailing twelve months is 4.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.03, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.06 in one year’s time.
Technical Analysis of PEDEVCO Corp (PED)
PEDEVCO Corp (AMEX: PED) saw its 5-day average volume 0.24 million, a positive change from its year-to-date volume of 0.19 million. As of the previous 9 days, the stock’s Stochastic %D was 87.02%. Additionally, its Average True Range was 0.04.
During the past 100 days, PEDEVCO Corp’s (PED) raw stochastic average was set at 68.49%, which indicates a significant decrease from 80.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.96% in the past 14 days, which was lower than the 45.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8351, while its 200-day Moving Average is $0.9055. Nevertheless, the first resistance level for the watch stands at $1.0006 in the near term. At $1.0513, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.1037. If the price goes on to break the first support level at $0.8975, it is likely to go to the next support level at $0.8451. Assuming the price breaks the second support level, the third support level stands at $0.7944.
PEDEVCO Corp (AMEX: PED) Key Stats
There are 89,495K outstanding shares of the company, which has a market capitalization of 85.02 million. As of now, sales total 30,780 K while income totals 260 K. Its latest quarter income was 9,050 K while its last quarter net income were 2,920 K.
