PEDEVCO (NYSE:PED) Now Covered by Analysts at began coverage on shares of PEDEVCO (NYSE:PEDGet Free Report) in a report issued on Thursday. The firm set a “sell” rating on the stock.

PEDEVCO Price Performance

PEDEVCO stock opened at $0.86 on Thursday. The stock has a market capitalization of $75.25 million, a price-to-earnings ratio of 28.83 and a beta of 1.24. PEDEVCO has a 1 year low of $0.80 and a 1 year high of $1.25.

PEDEVCO (NYSE:PEDGet Free Report) last released its quarterly earnings data on Monday, August 14th. The company reported $0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.04. The company had revenue of $10.91 million during the quarter, compared to analysts’ expectations of $9.48 million. PEDEVCO had a net margin of 11.32% and a return on equity of 3.73%. As a group, research analysts expect that PEDEVCO will post 0.12 earnings per share for the current fiscal year.

PEDEVCO Company Profile

(Get Free Report)

PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. The company is headquartered in Houston, Texas. PEDEVCO Corp. is a subsidiary of SK Energy LLC.

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