PEDEVCO Corp

Company Profile

PEDEVCO Corp had its IPO on 2003-05-02 under the ticker symbol PED.

The company operates in the Energy sector and Oil & Gas E&P industry. PEDEVCO Corp has a staff strength of 14 employees.

Stock update

Shares of PEDEVCO Corp opened at $1 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1 - $1.05, and closed at $1.02.

This is a +2% increase from the previous day's closing price.

A total volume of 196,440 shares were traded at the close of the day’s session.

In the last one week, shares of PEDEVCO Corp have increased by +3.03%.

PEDEVCO Corp's Key Ratios

PEDEVCO Corp has a market cap of $87.04 million, indicating a price to book ratio of 0.9732 and a price to sales ratio of 3.2963.

In the last 12-months PEDEVCO Corp’s revenue was $32.47 million with a gross profit of $19.64 million and an EBITDA of $16.17 million. The EBITDA ratio measures PEDEVCO Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, PEDEVCO Corp’s operating margin was 10.21% while its return on assets stood at 1.95% with a return of equity of 3.68%.

In Q2, PEDEVCO Corp’s quarterly earnings growth was a positive 6.5% while revenue growth was a positive 14.3%.

PEDEVCO Corp’s PE and PEG Ratio

Forward PE

10.1833

Trailing PE

25

PEG

0

Its diluted EPS in the last 12-months stands at $0.04 per share while it has a forward price to earnings multiple of 10.1833 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into PEDEVCO Corp’s profitability.

PEDEVCO Corp stock is trading at a EV to sales ratio of 2.4043 and a EV to EBITDA ratio of 5.2033. Its price to sales ratio in the trailing 12-months stood at 3.2963.

PEDEVCO Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$109.77 million

Total Liabilities

$4.07 million

Operating Cash Flow

$-8267000.00

Capital Expenditure

$4000

Dividend Payout Ratio

0%

PEDEVCO Corp ended 2024 with $109.77 million in total assets and $0 in total liabilities. Its intangible assets were valued at $109.77 million while shareholder equity stood at $102.88 million.

PEDEVCO Corp ended 2024 with $0 in deferred long-term liabilities, $4.07 million in other current liabilities, 87000.00 in common stock, $-121359000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $12.46 million and cash and short-term investments were $12.46 million. The company’s total short-term debt was $21,000 while long-term debt stood at $0.

PEDEVCO Corp’s total current assets stands at $18.96 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $6.44 million compared to accounts payable of $1.02 million and inventory worth $0.

In 2024, PEDEVCO Corp's operating cash flow was $-8267000.00 while its capital expenditure stood at $4000.

Comparatively, PEDEVCO Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.02

52-Week High

$1.31

52-Week Low

$0.8

Analyst Target Price

$2.27

PEDEVCO Corp stock is currently trading at $1.02 per share. It touched a 52-week high of $1.31 and a 52-week low of $1.31. Analysts tracking the stock have a 12-month average target price of $2.27.

Its 50-day moving average was $0.93 and 200-day moving average was $0.97 The short ratio stood at 0.31 indicating a short percent outstanding of 0%.

Around 7112.9% of the company’s stock are held by insiders while 302.2% are held by institutions.