PEDEVCO Corp. (PED)’s 10.56% change took shares below their 200-day moving average

PEDEVCO Corp. (NYSE:PED) went up to recover about 21.86% since recording its record low price of $0.27. The stock experienced 10.56% jump, arriving at $0.33 on 12/01/2017. During the day, the stock price traveled from $0.3 to $0.38. This company shares are 27172.73% off its target price of $90 and the current market capitalization stands at $2.21M. The recent change has given its price a -14.92% deficit over SMA 50 and -82.75% deficit over its 52-week high. The stock witnessed 5.74% gains, -50.56% declines and -45% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found PED’s volatility during a week at 18.52% and during a month it has been found around 15.17%.

PEDEVCO Corp. 13F Filings

At the end of 9/30/2017 reporting period, 4 institutional holders increased their position in PEDEVCO Corp. (NYSE:PED) by some 167,425 shares, 4 decreased positions by 1,300,083 and 6 held positions by -658,043. That puts total institutional holdings at 809,465 shares, according to SEC filings. The stock grabbed 2 new institutional investments totaling 101,432 shares while 1 institutional investors sold out their entire positions totaling 19,041 shares.

PEDEVCO Corp. (NYSE:PED) Insider Trades

Multiple company employees have indulged in significant insider trading. PEDEVCO Corp. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President and CEO Peterson Michael L has sold 1,500 shares of PEDEVCO Corp. (PED) in trading session dated Oct. 09, 2017. These shares are worth $585 and were traded at $0.39 each. The SEC filing shows that Clark Moore performed a sale of 7,338 shares. The Executive VP disposed these shares by way of transaction on Jul. 10, 2017. The company’s shares were given away at $0.61 per share worth to an income of some $4,476 on account of Clark Moore.

President and CEO, Peterson Michael L, sold 8,048 common shares of PEDEVCO Corp. (PED) in the open market. In a transaction dated Jul. 10, 2017, the shares were put up for sale at an average price of $0.61, raking in a sum of $4,909. After this sale, 199,686 common shares of PED are directly owned by the insider, with total stake valued at $65,896.

In the transaction dated Jul. 03, 2017, the great number of shares disposed came courtesy the CFO; Overholtzer Gregory L disposed a total of 775 shares at an average price of $0.62, amounting to approximately $481. The insider now directly owns 7,542 shares worth $2,489.

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