On Monday, PEDEVCO Corp (AMEX: PED) opened lower -7.96% from the last session, before settling in for the closing price of $0.56. Price fluctuations for PED have ranged from $0.54 to $1.10 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 35.86% annually for the last half of the decade. Company’s average yearly earnings per share was noted -74.03% at the time writing. With a float of $25.52 million, this company’s outstanding shares have now reached $89.50 million.
In an organization with 14 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 39.12%, operating margin of 11.35%, and the pretax margin is 12.12%.
PEDEVCO Corp (PED) Insider Updates
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of PEDEVCO Corp is 72.06%, while institutional ownership is 2.89%. The most recent insider transaction that took place on Jan 27 ’25, was worth 49,562. In this transaction CAO and PFO and AO of this company sold 65,000 shares at a rate of $0.76, taking the stock ownership to the 816,700 shares. Before that another transaction happened on Jan 23 ’25, when Company’s CAO and PFO and AO sold 23,000 for $0.85, making the entire transaction worth $19,656. This insider now owns 691,700 shares in total.
PEDEVCO Corp (PED) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -74.03% per share during the next fiscal year.
PEDEVCO Corp (AMEX: PED) Trading Performance Indicators
Check out the current performance indicators for PEDEVCO Corp (PED). In the past quarter, the stock posted a quick ratio of 1.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.19. Likewise, its price to free cash flow for the trailing twelve months is 3.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.20, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.10 in one year’s time.
Technical Analysis of PEDEVCO Corp (PED)
Let’s dig in a bit further. During the last 5-days, its volume was 0.38 million. That was better than the volume of 0.14 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.70%. Additionally, its Average True Range was 0.06.
During the past 100 days, PEDEVCO Corp’s (PED) raw stochastic average was set at 8.59%, which indicates a significant decrease from 15.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 81.62% in the past 14 days, which was higher than the 54.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7343, while its 200-day Moving Average is $0.8585. However, in the short run, PEDEVCO Corp’s stock first resistance to watch stands at $0.5530. Second resistance stands at $0.5904. The third major resistance level sits at $0.6319. If the price goes on to break the first support level at $0.4741, it is likely to go to the next support level at $0.4326. Assuming the price breaks the second support level, the third support level stands at $0.3952.
PEDEVCO Corp (AMEX: PED) Key Stats
There are currently 91,339K shares outstanding in the company with a market cap of 47.09 million. Presently, the company’s annual sales total 30,780 K according to its annual income of 260 K. Last quarter, the company’s sales amounted to 9,050 K and its income totaled 2,920 K.
