PEDEVCO - PED Stock Forecast, Price & News

1 Wall Street 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 research analysts is that investors should "buy" PED shares.
View PED analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued 12-month target prices for PEDEVCO's stock. Their PED share price forecasts range from $1.95 to $1.95. On average, they predict the company's share price to reach $1.95 in the next year. This suggests a possible upside of 75.7% 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 at the beginning of 2022. Since then, PED stock has decreased by 4.3% and is now trading at $1.11.
View the best growth stocks for 2022 here.

PEDEVCO saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 11,500 shares, a drop of 61.5% from the October 31st total of 29,900 shares. Based on an average trading volume of 321,600 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.
View PEDEVCO's Short Interest.

PEDEVCO Corp. (NYSEAMERICAN:PED) released its quarterly earnings results on Tuesday, March, 31st. The company reported ($0.25) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by $0.20. PEDEVCO had a negative trailing twelve-month return on equity of 4.68% and a negative net margin of 172.08%.

Based on aggregate information from My MarketBeat watchlists, some companies that other PEDEVCO investors own include Imunon (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."

PEDEVCO's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (1.11%), Renaissance Technologies LLC (0.65%) and BlackRock Inc. (0.07%). Insiders that own company stock include Ivar Siem, John Douglas Schick, John J Scelfo, Moore Clark, Paul Anthony Pinkston, Simon G Kukes and Viktor Tkachev.
View institutional ownership trends.

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.

One share of PED stock can currently be purchased for approximately $1.11.

PEDEVCO (NYSEAMERICAN:PED) has a market capitalization of $94.96 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.