PEDEVCO (PED) Projected to Release Earnings on Wednesday

PEDEVCO (NYSEAMERICAN:PED) is anticipated to release its earnings data before the market opens on Wednesday, May 21st. Analysts expect PEDEVCO to post earnings of $0.02 per share and revenue of $9.29 million for the quarter.

PEDEVCO Price Performance

Shares of PED stock opened at $0.62 on Tuesday. The company has a market cap of $54.39 million, a price-to-earnings ratio of 20.84 and a beta of 1.32. PEDEVCO has a twelve month low of $0.47 and a twelve month high of $1.10. The stock’s fifty day moving average price is $0.60.

PEDEVCO Company Profile

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.