PEDEVCO (NYSEAMERICAN:PED) Stock Crosses Above 200-Day Moving Average of $0.00

PEDEVCO Corp. (NYSEAMERICAN:PED)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $1.02. PEDEVCO shares last traded at $1.01, with a volume of 20,404 shares traded.

PEDEVCO Price Performance

The company has a market capitalization of $87.91 million, a P/E ratio of 33.68 and a beta of 1.32.

PEDEVCO (NYSEAMERICAN:PED) last announced its quarterly earnings results on Wednesday, May 15th. The company reported $0.01 EPS for the quarter, hitting the consensus estimate of $0.01. The company had revenue of $8.12 million during the quarter, compared to analyst estimates of $6.47 million. PEDEVCO had a return on equity of 3.71% and a net margin of 11.32%. On average, research analysts forecast that PEDEVCO Corp. will post 0.12 EPS for the current fiscal year.

PEDEVCO Company Profile

PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. It holds interests in the Permian Basin asset covering an area of approximately 22,721 net acres located in New Mexico; and D-J Basin asset covering an area of approximately 19,214 net acres located in Wyoming.