Insider Selling: Pedevco Corp EVP Sells 9,000 Shares of Stock (PED)
Pedevco Corp (NYSE:PED) EVP Moore Clark sold 9,000 shares of Pedevco Corp stock on the open market in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $2.03, for a total transaction of $18,270.00. Following the completion of the sale, the executive vice president now directly owns 1,082,734 shares in the company, valued at approximately $2,197,950. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Pedevco Corp (NYSE:PED) traded down 1.51% during mid-day trading on Friday, hitting $1.96. 8,858 shares of the company’s stock traded hands. Pedevco Corp has a one year low of $0.381 and a one year high of $4.35. The stock has a 50-day moving average of $2.05 and a 200-day moving average of $2.17. The company’s market cap is $52.0 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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