Pedevco Corp. is part of the energy sector and is in the oil and gas exploration and production industry. PEDEVCO Corp is a U.S based energy company. It is engaged in the acquisition, exploration, development and production of oil and natural gas shale plays in the Denver-Julesberg Basin D-J Basin in Colorado.



Previous Intraday Performance:

The PED shares had a previous change of -1.32% which opened at 2.30 and closed at 2.24. It moved to an intraday high of 2.35 and a low of 2.17.

SeekingAlpha:  Pedevco says debt free after converting remaining $32.7M of debt into equity

Historical Performance:

Over the last five trading days, PED shares returned 0.90% and in the past 30 trading days it returned 52.38%. Over three months, it changed 80.65%. In one year it has changed 593.07% and within that year its 52-week high was 4.44 and its 52-week low was 0.29. PED stock is 672.41% above its 52 Week Low.

Our calculations result in a 200 day moving average of 1.62 and a 50 day moving average of 1.58. Right now, PED stock is trading 38.11% above its 200 day moving average.

SeekingAlpha:  Pedevco says debt free after converting remaining $32.7M of debt into equity

Liquidity:

The company has a market cap of $101.4m with 45.3m shares outstanding and a float of 34.9m shares. Trading volume was 35,735 shares and has experienced an average volume of 135,522 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Pedevco Corp. was -6.22 which ended on 31st of December 2017.

Below was the last reported quarterly earnings per share:
09-30-2018:  -0.19
06-30-2018:  0.00
03-31-2018:  0.00
12-31-2017:  0.00

The next earnings report will be: 03-20-2019

The long-term trend of the EPS is an important number as it indicates the present value of Pedevco Corp.; it is typically displayed as a percentage and called the EPS growth rate, which at this time is hard to estimate, but revenue growth has been -40.20% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 1.20% of institutional ownership. Short-interest was 359,708, which was 0.79% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.97. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 1.33

SeekingAlpha:  Sandy Spring Stumbles On Fee-Based Income As Funding Remains A Concern

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 853.39%, return on assets is 62.95%, price-to-sales is 36.70 and price-to-book is 4.63.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 2  : Financial Safety Result
 2  : Past Performance Result
 2  : Valuation Result
 0  : Dividend Safety Result
 1  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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