PEDEVCO - PED Stock Forecast, Price & News

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

1 brokers have issued twelve-month target prices for PEDEVCO's stock. Their PED share price forecasts range from $1.95 to $1.95. On average, they anticipate the company's stock price to reach $1.95 in the next year. This suggests a possible upside of 57.3% from the stock's current price.
View analysts price targets for PED or view top-rated stocks among Wall Street analysts.

PEDEVCO's stock was trading at $1.16 on January 1st, 2022. Since then, PED stock has increased by 6.9% and is now trading at $1.24.
View the best growth stocks for 2022 here.

PEDEVCO saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 368,500 shares, an increase of 25.6% from the June 30th total of 293,500 shares. Based on an average daily volume of 829,300 shares, the short-interest ratio is presently 0.4 days. Currently, 1.4% of the shares of the company are sold short.
View PEDEVCO's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022.
View our PED earnings forecast.

PEDEVCO Corp. (NYSEAMERICAN:PED) posted its quarterly earnings results on Monday, May, 16th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.02. The firm earned $7.09 million during the quarter, compared to analysts' expectations of $6.63 million. PEDEVCO had a negative net margin of 172.08% and a negative trailing twelve-month return on equity of 4.68%.

Based on aggregate information from My MarketBeat watchlists, some companies that other PEDEVCO investors own include Celsion (CLSN), CEL-SCI (CVM), Energy Transfer (ET), TransEnterix (TRXC), Zosano Pharma (ZSAN), AbbVie (ABBV), Ampio Pharmaceuticals (AMPE), AutoWeb (AUTO), Biopharmx (BPMX) and Ekso Bionics (EKSO).

PEDEVCO trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "PED."

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.
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One share of PED stock can currently be purchased for approximately $1.24.

PEDEVCO (NYSEAMERICAN:PED) has a market capitalization of $106.08 million and generates $8.06 million in revenue each year. The company earns $-32,690,000.00 in net income (profit) each year or ($0.31) on an earnings per share basis.

PEDEVCO's mailing address is 4125 Blackhawk Plaza Cir Ste 201, DANVILLE, CA 94506-4678, United States. The official website for the company is www.pacificenergydevelopment.com. The company can be reached via phone at (713) 221-1768, via email at pr@pacificenergydevelopment.com, or via fax at 925-403-0703.