KD Logo

Insider Selling: Schick John Douglas, PEDEVCO Corp [PED] President divested 50,000 shares

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. PEDEVCO Corp shares valued at $31,870 were sold by Schick John Douglas on Jan 25 ’24. At $0.64 per share, Schick John Douglas sold 50,000 shares. The insider’s holdings dropped to 730,467 shares worth approximately $0.66 million following the completion of this transaction.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Also, Clark Moore sold 50,000 shares, netting a total of over 31,860 in proceeds. Following the sale of shares at $0.64 each, the insider now holds 455,334 shares.

Before that, PINKSTON PAUL ANTHONY had sold 35,000 shares from its account. In a trade valued at $22,292, the CAO and PFO and AO traded PEDEVCO Corp shares for $0.64 each. Upon closing the transaction, the insider’s holdings decreased to 35,000 shares, worth approximately $0.45 million.

As published in a research note from ROTH Capital on April 06, 2015, PEDEVCO Corp [PED] has been retained to a Buy and the price target has been revised to $0.80.

Analyzing PED Stock Performance

During the last five days, there has been a drop of approximately -5.32%. Over the course of the year, PEDEVCO Corp shares have jumped approximately 18.17%. Shares of the company reached a 52-week high of $1.0500 on 04/22/24 and a 52-week low of $0.6100 on 01/26/24. A 50-day SMA is recorded $0.8943, while a 200-day SMA reached $0.8609. Nevertheless, trading volume fell to 0.65 million shares from 47600.0 shares the previous day.

Support And Resistance Levels for PEDEVCO Corp (PED)

According to the 24-hour chart, there is a support level at 0.8617, which, if violated, would cause prices to drop to 0.8134. In the upper region, resistance lies at 0.9767. The next price resistance is at 1.0434. RSI (Relative Strength Index) is 44.86 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0127, which suggests the price will decrease in the coming days. Percent R is at 80.05%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.

Most Popular