PEDEVCO Corp [AMEX: PED] surged by $0.01 during the normal trading session on while it closed the day at $0.86.
PEDEVCO Corp stock has also gained 10.54% of its value over the past 7 days. However, PED stock has declined by -12.28% in the 3 months of the year. Over the past six months meanwhile, it has lost -11.14% and gained 10.54% year-on date.
The market cap for PED stock reached $76.96 million, with 89.50 million shares outstanding and 25.89 million shares in the current float. Compared to the average trading volume of 85.61K shares, PED reached a trading volume of 253953 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about PEDEVCO Corp [PED]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PED shares is $1.80 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PED stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
ROTH Capital have made an estimate for PEDEVCO Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 06, 2015.
The Average True Range (ATR) for PEDEVCO Corp is set at 0.04, with the Price to Sales ratio for PED stock in the period of the last 12 months amounting to 2.15. The Price to Book ratio for the last quarter was 0.72, with the Price to Cash per share for the same quarter was set at 0.05. Price to Free Cash Flow for PED in the course of the last twelve months was 3.75 with Quick ratio for the last quarter at 2.10.
PED stock trade performance evaluation
PEDEVCO Corp [PED] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.54. With this latest performance, PED shares gained by 6.17% in over the last four-week period, additionally sinking by -11.14% over the last 6 months – not to mention a rise of 10.97% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PED stock in for the last two-week period is set at 61.95, with the RSI for the last a single of trading hit 70.00, and the three-weeks RSI is set at 56.48 for PEDEVCO Corp [PED]. The present Moving Average for the last 50 days of trading for this stock 0.8360, while it was recorded at 0.8251 for the last single week of trading, and 0.9023 for the last 200 days.
PEDEVCO Corp [PED]: An insightful look at the core fundamentals
PEDEVCO Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.10 and a Current Ratio set at 2.10.
PEDEVCO Corp [PED]: Institutional Ownership
There are presently around $2.64%, or 9.10%% of PED stock, in the hands of institutional investors. The top three institutional holders of PED stocks are: VANGUARD GROUP INC with ownership of 0.96 million shares, which is approximately 1.0795%. BRIDGEWAY CAPITAL MANAGEMENT, LLC, holding 0.29 million shares of the stock with an approximate value of $$0.26 million in PED stocks shares; and BRIDGEWAY CAPITAL MANAGEMENT, LLC, currently with $$0.22 million in PED stock with ownership which is approximately 0.2693%.
