Pedevco Corp. with ticker code (PED) have now 2 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 2.4 and 2.15 calculating the average target price we see $2.27. Now with the previous closing price of $1.01 this would imply there is now a potential upside of 124.8%. The 50 day moving average now sits at $.96 and the 200 moving average now moves to $1.09. The market cap for the company is $87m. You can visit the company’s website by visiting: https://www.pedevco.com
The potential market cap would be $195m based on the market consensus.
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.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 33.16, revenue per share of 0.35 and a 1.53% return on assets.
