Pedevco Corp (PED) Receiving Somewhat Favorable News Coverage, Report Shows

Media coverage about Pedevco Corp (NYSE:PED) has trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pedevco Corp earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave news headlines about the company an impact score of 44.8583270935881 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Shares of Pedevco Corp (NYSE:PED) traded down 5.0698% during mid-day trading on Friday, hitting $0.4082. 83,908 shares of the stock were exchanged. The company has a 50-day moving average price of $0.60 and a 200-day moving average price of $0.71. The stock’s market cap is $2.48 million. Pedevco Corp has a 12 month low of $0.27 and a 12 month high of $2.10.

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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.

Insider Buying and Selling by Quarter for Pedevco Corp (NYSE:PED)

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