KD Logo

PEDEVCO Corp (PED) rating reiterates by ROTH Capital

In a filing, PEDEVCO Corp revealed its President Schick John Douglas unloaded Company’s shares for reported $31870.0 on Jan 25 ’24. In the deal valued at $0.64 per share,50,000 shares were sold. As a result of this transaction, Schick John Douglas now holds 730,467 shares worth roughly $0.65 million.

Then, Clark Moore sold 50,000 shares, generating $31,860 in total proceeds. Upon selling the shares at $0.64, the Executive VP now owns 455,334 shares.

Before that, PINKSTON PAUL ANTHONY sold 35,000 shares. PEDEVCO Corp shares valued at $22,292 were divested by the CAO and PFO and AO at a price of $0.64 per share. As a result of the transaction, PINKSTON PAUL ANTHONY now holds 499,700 shares, worth roughly $0.44 million.

ROTH Capital reiterated its PEDEVCO Corp [PED] rating to a Buy in a research note published on April 06, 2015; the price target was $0.80.

Price Performance Review of PED

On Friday, PEDEVCO Corp [AMEX:PED] saw its stock jump 11.33% to $0.89. Over the last five days, the stock has gained 8.30%. PEDEVCO Corp shares have risen nearly 14.93% since the year began. Nevertheless, the stocks have fallen -12.37% over the past one year. While a 52-week high of $1.13 was reached on 04/12/24, a 52-week low of $0.61 was recorded on 01/26/24. SMA at 50 days reached $0.7567, while 200 days put it at $0.8549. A total of 0.96 million shares were traded, compared to the trading of 24000.0 shares in the previous session.

Levels Of Support And Resistance For PED Stock

The 24-hour chart illustrates a support level at 0.8069, which if violated will result in even more drops to 0.7286. On the upside, there is a resistance level at 0.9567. A further resistance level may holdings at 1.0282. The Relative Strength Index (RSI) on the 14-day chart is 65.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0156, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.25%. Stochastics %K at 60.99% indicates the stock is a holding.

Most Popular

[the_ad id="945"]