The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. PEDEVCO Corp’s current trading price is -21.82% away from its 52-week high, while its distance from the 52-week low is 40.98%. The stock’s price range for this period has been between $0.61 and $1.10 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 0.25 million for the day, a number notably higher than the average daily volume of 85610.0 over the last three months.
PEDEVCO Corp’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $1.10 on 07/22/24 and a low of $0.61 for the same time frame on 01/26/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
PEDEVCO Corp (PED) has experienced a quarterly decline of -12.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 76.96M and boasts a workforce of 15 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8825, with a change in price of -0.0403. Similarly, PEDEVCO Corp recorded 94,819 in trading volume during the last 100 days, posting a change of -4.48%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for PED stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
PED Stock Stochastic Average
As of today, PEDEVCO Corp’s raw stochastic average for the last 50 days stands at 66.83%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 84.21%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 72.04% and 66.15%, respectively.
PED Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 10.54%. However, over the last six months, the performance has been stronger by -11.14%. The price of PED increased 6.17% over the last 30 days. And in the last five days, it has surged by 10.54%.
