PEDEVCO Corp. (NYSE:PED - Get Free Report) CAO Paul Anthony Pinkston sold 23,000 shares of the company's stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $0.85, for a total value of $19,550.00. Following the transaction, the chief accounting officer now directly owns 691,700 shares of the company's stock, valued at $587,945. This trade represents a 3.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Paul Anthony Pinkston also recently made the following trade(s):
- On Monday, January 27th, Paul Anthony Pinkston sold 65,000 shares of PEDEVCO stock. The stock was sold at an average price of $0.76, for a total value of $49,400.00.
- On Friday, December 27th, Paul Anthony Pinkston sold 35,000 shares of PEDEVCO stock. The shares were sold at an average price of $0.74, for a total value of $25,900.00.
PEDEVCO Stock Down 11.4 %
PED stock opened at $0.75 on Tuesday. The company has a 50-day simple moving average of $0.82 and a 200 day simple moving average of $0.89. The company has a market capitalization of $67.39 million, a P/E ratio of 37.67 and a beta of 0.52. PEDEVCO Corp. has a fifty-two week low of $0.65 and a fifty-two week high of $1.10.
Analysts Set New Price Targets
Several analysts recently weighed in on PED shares. StockNews.com started coverage on shares of PEDEVCO in a research report on Wednesday, January 22nd. They issued a "sell" rating on the stock. D. Boral Capital reduced their price objective on PEDEVCO from $2.25 to $1.50 and set a "buy" rating for the company in a research report on Wednesday, November 20th.
View Our Latest Stock Report on PEDEVCO
About PEDEVCO
(
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. 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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