Pedevco Corp. (NYSEAMERICAN:PED - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.66 and traded as high as $0.68. Pedevco shares last traded at $0.66, with a volume of 431,885 shares.
Pedevco Stock Down 3.1%
The company has a market cap of $57.87 million, a price-to-earnings ratio of 3.32 and a beta of 0.41. The firm's fifty day simple moving average is $0.66.
About Pedevco
(
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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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