Pedevco Corp (NYSE:PED) Earns Daily Media Sentiment Score of 0.16
News articles about Pedevco Corp (NYSE:PED) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pedevco Corp earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.9328290581659 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Pedevco Corp (NYSE PED) traded up 0.0000% during midday trading on Wednesday, reaching $0.6401. The company’s stock had a trading volume of 11,743 shares. The firm has a 50-day moving average of $0.66 and a 200-day moving average of $0.85. The stock’s market cap is $3.52 million. Pedevco Corp has a one year low of $0.51 and a one year high of $3.00.
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In other news, insider Michael L. Peterson sold 41,250 shares of the company’s stock in a transaction on Friday, June 30th. The stock was sold at an average price of $0.62, for a total transaction of $25,575.00. Following the transaction, the insider now owns 246,629 shares of the company’s stock, valued at approximately $152,909.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 98,886 shares of company stock worth $63,162 in the last ninety days.
Pedevco Corp Company Profile
PEDEVCO Corp. is an energy company, which is engaged in the acquisition, exploration, development and production of oil and natural gas shale plays in the Denver-Julesberg Basin (D-J Basin) in Colorado. The D-J Basin contains hydrocarbon bearing deposits in several formations, including the Niobrara, Codell, Greenhorn, Shannon, J-Sand and D-Sand.
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