Pedevco Corp. (NYSEAMERICAN:PED – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.66 and traded as high as $0.68. Pedevco shares last traded at $0.66, with a volume of 431,885 shares traded.
Pedevco Trading Up 5.3%
The stock has a market capitalization of $60.93 million, a P/E ratio of 3.49 and a beta of 0.41. The company’s 50-day moving average is $0.66.
About Pedevco
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.
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