PEDEVCO (NYSE:PED) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of PEDEVCO (NYSE:PED – Free Report) in a research note published on Tuesday. The firm issued a sell rating on the stock.

PEDEVCO Stock Performance

NYSE:PED opened at $0.90 on Tuesday. PEDEVCO has a twelve month low of $0.80 and a twelve month high of $1.31. The stock has a market capitalization of $78.68 million, a price-to-earnings ratio of 30.14 and a beta of 1.32.

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PEDEVCO Company Profile

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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. The company is headquartered in Houston, Texas. PEDEVCO Corp. is a subsidiary of SK Energy LLC.

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