Shares of Pedevco Corp. (NYSEAMERICAN:PED - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.63 and traded as high as $0.67. Pedevco shares last traded at $0.64, with a volume of 53,313 shares traded.
Pedevco Price Performance
The stock has a market capitalization of $58.46 million, a price-to-earnings ratio of 3.37 and a beta of 0.41. The firm's fifty day moving average price is $0.64.
Pedevco Company Profile
(
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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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