Pedevco Corp. which can be found using ticker (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 $.90 this now indicates there is a potential upside of 152.2%. The day 50 moving average is $.95 and the 200 day MA is $1.08. The company has a market capitalization of $79m. Visit the company website at: https://www.pedevco.com
The potential market cap would be $198m 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 29.57, revenue per share of 0.35 and a 1.53% return on assets.
