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After finishing at $0.85 in the prior trading day, PEDEVCO Corp (AMEX: PED) closed at $0.84, down -0.71%. In other words, the price has decreased by -$0.71 from its previous closing price. On the day, 69514.0 shares were traded. PED stock price reached its highest trading level at $0.8553 during the session, while it also had its lowest trading level at $0.827.
Ratios:
Our goal is to gain a better understanding of PED by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.67. For the most recent quarter (mrq), Quick Ratio is recorded 2.10 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH Capital on April 06, 2015, Reiterated its Buy rating but revised its target price to $0.80 from $1.20 previously.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 25 ’24 when PINKSTON PAUL ANTHONY sold 35,000 shares for $0.64 per share. The transaction valued at 22,292 led to the insider holds 499,700 shares of the business.
Clark Moore sold 50,000 shares of PED for $31,860 on Jan 25 ’24. The Executive VP now owns 455,334 shares after completing the transaction at $0.64 per share. On Jan 25 ’24, another insider, Schick John Douglas, who serves as the President of the company, sold 50,000 shares for $0.64 each. As a result, the insider received 31,870 and left with 730,467 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PED now has a Market Capitalization of 75721912 and an Enterprise Value of 72792392. As of this moment, PEDEVCO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.34, and their Forward P/E ratio for the next fiscal year is 14.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.10 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 2.141 whereas that against EBITDA is 4.203.
Stock Price History:
Over the past 52 weeks, PED has reached a high of $1.10, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is -9.75%, while the 200-Day Moving Average is calculated to be -6.30%.
Shares Statistics:
The stock has traded on average 97.71K shares per day over the past 3-months and 113410 shares per day over the last 10 days, according to various share statistics. A total of 87.25M shares are outstanding, with a floating share count of 25.93M. Insiders hold about 71.03% of the company’s shares, while institutions hold 2.65% stake in the company. Shares short for PED as of 1730332800 were 12908 with a Short Ratio of 0.26, compared to 1727654400 on 25919. Therefore, it implies a Short% of Shares Outstanding of 12908 and a Short% of Float of 0.05.