Pedevco Corp Coverage Initiated by Analysts at TheStreet (PED)
Analysts at TheStreet assumed coverage on shares of Pedevco Corp (NYSE:PED) in a research report issued to clients and investors on Friday, American Banking and Market News reports. The firm set a “sell” rating on the stock.
Shares of Pedevco Corp (NYSE:PED) traded up 1.35% on Friday, hitting $2.25. The stock had a trading volume of 127,000 shares. Pedevco Corp has a one year low of $0.381 and a one year high of $7.4701. The stock’s 50-day moving average is $2.67 and its 200-day moving average is $3.12. The company’s market cap is $51.4 million.
PEDEVCO Corp, formerly Blast Energy Services, Inc, is focused on resources and operations on its down-hole solutions and oil and gas production segments.
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