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S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled

PEDEVCO Stock Price, News & Analysis (NYSEAMERICAN:PED)

$0.82
0.00 (0.00%)
(As of 11/30/2023 ET)
Compare
Today's Range
$0.82
$0.84
50-Day Range
$0.86
$1.08
52-Week Range
$0.80
$1.20
Volume
73,538 shs
Average Volume
131,970 shs
Market Capitalization
$71.56 million
P/E Ratio
27.41
Dividend Yield
N/A
Price Target
$2.40

PEDEVCO MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
191.9% Upside
$2.40 Price Target
Short Interest
Healthy
0.08% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-50.00%
From $0.12 to $0.06 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.69 out of 5 stars


PED stock logo

About PEDEVCO Stock (NYSEAMERICAN:PED)

PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. The company is headquartered in Houston, Texas. PEDEVCO Corp. is a subsidiary of SK Energy LLC.

PED Stock Price History

PED Stock News Headlines

All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Evolution Petroleum Is Going Conventional
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
UD1P.BE - PEDEVCO Corp
The Prognosis For Pedevco Corp.
See More Headlines
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Company Calendar

Last Earnings
11/09/2023
Today
11/30/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Oil & Gas E&P
Sub-Industry
N/A
Sector
Energy
Current Symbol
NYSEAMERICAN:PED
CIK
N/A
Employees
14
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.40
High Stock Price Target
$2.40
Low Stock Price Target
$2.40
Potential Upside/Downside
+191.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

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
$71.56 million
Optionable
Not Optionable
Beta
1.32
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

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PED Stock Analysis - Frequently Asked Questions

Should I buy or sell PEDEVCO stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PEDEVCO in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PED shares.
View PED analyst ratings
or view top-rated stocks.

What is PEDEVCO's stock price target for 2024?

1 Wall Street research analysts have issued 12 month price targets for PEDEVCO's stock. Their PED share price targets range from $2.40 to $2.40. On average, they anticipate the company's stock price to reach $2.40 in the next twelve months. This suggests a possible upside of 191.9% from the stock's current price.
View analysts price targets for PED
or view top-rated stocks among Wall Street analysts.

How have PED shares performed in 2023?

PEDEVCO's stock was trading at $1.07 at the beginning of the year. Since then, PED shares have decreased by 23.2% and is now trading at $0.8221.
View the best growth stocks for 2023 here
.

Are investors shorting PEDEVCO?

PEDEVCO saw a drop in short interest in November. As of November 15th, there was short interest totaling 13,600 shares, a drop of 78.0% from the October 31st total of 61,700 shares. Based on an average daily volume of 85,400 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.
View PEDEVCO's Short Interest
.

How were PEDEVCO's earnings last quarter?

PEDEVCO Corp. (NYSEAMERICAN:PED) posted its earnings results on Thursday, November, 9th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by $0.01. The firm had revenue of $7.33 million for the quarter, compared to the consensus estimate of $7.21 million. PEDEVCO had a net margin of 11.32% and a trailing twelve-month return on equity of 3.71%.

What other stocks do shareholders of PEDEVCO own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PEDEVCO investors own include Imunon (CLSN), Energy Transfer (ET), Zosano Pharma (ZSAN), AbbVie (ABBV), AutoWeb (AUTO), Biopharmx (BPMX) and Ekso Bionics (EKSO).

How do I buy shares of PEDEVCO?

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

This page (NYSEAMERICAN:PED) was last updated on 12/1/2023 by MarketBeat.com Staff

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