PEDEVCO (NYSEAMERICAN:PED) Share Price Passes Above 50 Day Moving Average – Should You Sell?

PEDEVCO Corp. (NYSEAMERICAN:PEDGet Free Report)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.00 and traded as high as $0.76. PEDEVCO shares last traded at $0.74, with a volume of 71,156 shares changing hands.

PEDEVCO Trading Up 0.1 %

The firm has a market cap of $64.49 million, a P/E ratio of 24.70 and a beta of 1.32.

About PEDEVCO

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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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