PEDEVCO Corp. (AMEX:PED)’s traded shares stood at 36.34 million during the last session, with the company’s beta value hitting 0.91. At the close of trading, the stock’s price was $1.98, to imply an increase of 21.47% or $0.35 in intraday trading. The PED share’s 52-week high remains $3.50, putting it -76.77% down since that peak but still an impressive 53.03% since price per share fell to its 52-week low of $0.93. The company has a valuation of $110.35M, with an average of 19.59 million shares in intraday trading volume over the past 10 days and average of 2.30 million shares over the past 3 months.
PEDEVCO Corp. (AMEX:PED) trade information
After registering a 21.47% upside in the last session, PEDEVCO Corp. (PED) has traded red over the past five days. The stock hit a weekly high of 2.4199 this Thursday, 10/07/21, jumping 21.47% in its intraday price action. The 5-day price performance for the stock is 33.78%, and 73.68% over 30 days. With these gigs, the year-to-date price performance is 31.13%. Short interest in PEDEVCO Corp. (AMEX:PED) saw shorts transact 33800.0 shares and set a 0.17 days time to cover.
Analysts on Wall Street suggest a consensus price target of $7.00, implying an increase of 71.71% to the stock’s current value. The extremes give us $7.00 and $7.00 for target low and target high price respectively. As such, PED has been trading -253.54% off suggested target high and -253.54% from its likely low.
PEDEVCO Corp. (PED) estimates and forecasts
PEDEVCO Corp. has its next earnings report out on March 30. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. PEDEVCO Corp. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
PEDEVCO Corp. (AMEX:PED)’s Major holders
PEDEVCO Corp. insiders hold 80.56% of total outstanding shares, with institutional holders owning 2.08% of the shares at 10.72% float percentage. In total, 2.08% institutions holds shares in the company, led by Vanguard Group, Inc. (The). As of Jun 29, 2021, the company held over 0.59 million shares (or 0.75% of shares), all amounting to roughly $0.94 million.
The next major institution holding the largest number of shares is Bridgeway Capital Management, Inc. with 0.43 million shares, or about 0.54% of shares outstanding. As of the market price on Jun 29, 2021, these shares were worth $0.68 million.
We also have Vanguard Total Stock Market Index Fund and Bridgeway Funds Inc-Ultra Small Company Market Fund as the top two Mutual Funds with the largest holdings of the PEDEVCO Corp. (PED) shares. Going by data provided on Jun 29, 2021, Vanguard Total Stock Market Index Fund holds roughly 0.46 million shares. This is just over 0.58% of the total shares, with a market valuation of $0.73 million. Data from the same date shows that the other fund manager holds a little less at 0.42 million, or 0.53% of the shares, all valued at about 0.67 million.