Pedevco Corp (PED) Receiving Somewhat Positive Press Coverage, Report Finds
Press coverage about Pedevco Corp (NYSE:PED) has been trending somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Pedevco Corp earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the company an impact score of 45.3729883272454 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Pedevco Corp (NYSE PED) traded down 2.854% during mid-day trading on Thursday, hitting $0.599. The stock had a trading volume of 88,403 shares. The stock’s market cap is $3.64 million. The stock has a 50-day moving average price of $0.65 and a 200 day moving average price of $0.77. Pedevco Corp has a 52 week low of $0.51 and a 52 week high of $2.50.
COPYRIGHT VIOLATION NOTICE: “Pedevco Corp (PED) Receiving Somewhat Positive Press Coverage, Report Finds” was first reported by Daily Political and is the property of of Daily Political. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece can be read at https://www.dailypolitical.com/2017/09/14/pedevco-corp-ped-receiving-somewhat-positive-press-coverage-report-finds.html.
In related news, insider Michael L. Peterson sold 41,250 shares of the company’s stock in a transaction on Friday, June 30th. The shares were sold at an average price of $0.62, for a total value of $25,575.00. Following the completion of the sale, the insider now directly owns 246,629 shares in the company, valued at $152,909.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 83,661 shares of company stock valued at $51,716 over the last quarter.
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.
Receive News & Ratings for Pedevco Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pedevco Corp and related companies with MarketBeat.com's FREE daily email newsletter.