PEDEVCO GAAP EPS of 0.03, revenue of 9.1M

PED Stock  USD 0.87  0.02  2.25%   
About 66% of PEDEVCO Corp's investor base is looking to short. The current sentiment of investing in PEDEVCO Corp suggests that many traders are alarmed. The current market sentiment, together with PEDEVCO Corp's historical and current headlines, can help investors time the market. In addition, many technical investors use PEDEVCO Corp stock news signals to limit their universe of possible portfolio assets.
  
PEDEVCO reports Q3 2024 GAAP EPS of 0.03 and revenue of 9.1M in latest financial results and operations update.

Read at seekingalpha.com
seekingalpha News
  

PEDEVCO Corp Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards PEDEVCO Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

PEDEVCO Corp Fundamental Analysis

We analyze PEDEVCO Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PEDEVCO Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PEDEVCO Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Profit Margin

Profit Margin Comparative Analysis

PEDEVCO Corp is currently under evaluation in profit margin category among its peers. Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.

PEDEVCO Corp Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PEDEVCO Corp stock to make a market-neutral strategy. Peer analysis of PEDEVCO Corp could also be used in its relative valuation, which is a method of valuing PEDEVCO Corp by comparing valuation metrics with similar companies.

Peers

PEDEVCO Corp Related Equities

PTALFPetroTal Corp   2.22   
0%
100.0%
GTEGran Tierra   1.76   
0%
79.0%
SJTSan Juan   1.49   
0%
67.0%
MVOMV Oil   1.42   
0%
63.0%
PRPermian Resources   1.38   
0%
62.0%
EGYVaalco Energy   1.12   
0%
50.0%
PRTPermRock Royalty   0.75   
0%
33.0%
CRGYCrescent Energy   0.66   
0%
29.0%
REIRing Energy   0.63   
0%
28.0%
SBRSabine Royalty   0.62   
0%
27.0%
OBEObsidian Energy   0.34   
0%
15.0%
EPSNEpsilon Energy   0.33   
0%
14.0%
EPMEvolution Petroleum   0.16   
7.0%
0%
PNRGPrimeEnergy   1.48   
66.0%
0%

Complementary Tools for PEDEVCO Stock analysis

When running PEDEVCO Corp's price analysis, check to measure PEDEVCO Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PEDEVCO Corp is operating at the current time. Most of PEDEVCO Corp's value examination focuses on studying past and present price action to predict the probability of PEDEVCO Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PEDEVCO Corp's price. Additionally, you may evaluate how the addition of PEDEVCO Corp to your portfolios can decrease your overall portfolio volatility.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes