PEDEVCO Corp. (NYSE:PED) has a beta value of 1.41 and has seen 933,293 shares traded in the last trading session. The company, currently valued at $132.61 Million, closed the last trade at $1.83 per share which meant it gained $0.29 on the day or 18.83% during that session. The PED stock price is -39.34% off its 52-week high price of $2.55 and 63.55% above the 52-week low of $0.667. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.38 Million shares traded. The 3-month trading volume is 2.85 Million shares.
The consensus among analysts is that PEDEVCO Corp. (PED) is a Buy stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 1 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.
PEDEVCO Corp. (NYSE:PED) trade information
Sporting 18.83% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Oct 13 when the PED stock price touched $2.55 or saw a rise of 28.24%. Year-to-date, PEDEVCO Corp. shares have moved 10.24%, while the 5-day performance has seen it change 26.21%. Over the past 30 days, the shares of PEDEVCO Corp. (NYSE:PED) have changed 77.67%. Short interest in the company has seen 345.82 Million shares shorted with days to cover at 121.34.
Wall Street analysts have a consensus price target for the stock at $7, which means that the shares’ value could jump 282.51% from current levels. The projected low price target is $7 while the price target rests at a high of $7. In that case, then, we find that the current price level is +282.51% off the targeted high while a plunge would see the stock lose 282.51% from current levels.
PEDEVCO Corp. (PED) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +54% over the past 5 years. Earnings growth for 2020 is a modest -104.6%.