How to Buy Pedevco Stock
Pedevco Corp
PEDEVCO Corp. is an independent energy company. The company is headquartered in Houston, Texas and currently employs 14 full-time employees.
Pedevco stock last closed at $1.03, down 1.06% from the previous day, and has decreased 14.88% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.49 percentage points. Pedevco stock is currently +14.32% from its 52-week low of $0.90, and -57.79% from its 52-week high of $2.44.
At the moment, there are 85.79M PED shares outstanding. The market value of PED is $88.36M. In the past 24 hours, 101,380 PED shares were traded.
How to Buy Pedevco Stock
Not sure how to invest in Pedevco stock? Here's how.
- Decide where to buy Pedevco stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Pedevco stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Select your payment method and add your info.
- Research Pedevco stock: The Pedevco ticker symbol is PED. Is Pedevco stock a good investment? Should you buy shares of PED? How do PED's underlying business fundamentals look? Do top analysts think Pedevco is a good buy? Why has PED's stock price moved recently? (Hint: Our stock market research tools can help you figure out if PED is a good stock to buy).
- Place your PED purchase: Decide if you will purchase PED shares at the current market price or use a limit order to buy PED stock at a particular price.
- Get notifications regarding your investment in PED: Create a watchlist to keep tabs on your investment in Pedevco shares.
Step 1: Decide where to buy Pedevco stock
You will need a brokerage account to access the NYSEMKT market and buy PED shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best brokerage. eToro gives you:
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- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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- Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal information so you are able to buy PED stock today.
How to Start a New Account on eToro
- Click here to get started.
- Enter your personal data to start your new brokerage account.
- Send your application by pressing the "Create Account" button.
Step 3: Fund your investment account
Now that you have filled out your info on the stocks app, you need to deposit funds:
Watch the video below if you need help depositing funds into your investment account.
Step 4: Research Pedevco stock
Once you have chosen the best place to buy Pedevco stock, it's critical to evaluate their stock before you buy, so you actually comprehend the risk and opportunity.
Pedevco Metrics
Pedevco Zen Score
WallStreetZen was designed to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on PED's stock page.
What is the fair value of PED stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PED's true value.
Using relative valuations methods:
- PED may be overvalued based on its P/E ratio of 20.6x, relative to Oil & Gas E&P industry P/E ratio of 7.43x
- PED could be undervalued based on its P/B ratio of 0.89x, relative to Oil & Gas E&P industry P/B ratio of 2.26x
You can access more valuation research on PED's stock here.
A look at PED Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- PED profit margin has gone up from -172.1% to 14.5% in the past year.
- PED's operating cash flow of $14.99M allows it to safely service it's debt of $110.00k.
- Total PED debt is lower than 5 years ago, relative to shareholder equity.
- PED has a low debt to equity ratio of 0.06.
- There are more short-term assets than long-term liabilities on the PED balance sheet.
- PED earnings of $4.15M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the PED balance sheet.
Is it a good time to buy PED stock, according to Wall Street analysts?
Out of 1 Wall Street analysts who monitor PED, the consensus analyst rating on PED is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent PED Analyst Upgrades/Downgrades
Ignacio Bernaldez, a bottom 24% analyst from EF Hutton assumes PED with a strong buy rating and announces their PED price target of $2.40, on Dec 22, 2022.
You can dig deeper into what analysts are saying on the Pedevco stock forecast page.
PED Trading Indicators
How are PED Revenues/Earnings doing?
Last year, PED earnings were $4.15M. Over the past 4 year, PED's earnings have grown by -67.16% per year. This was slower than the Oil & Gas E&P industry average of 112.45%.
Last year, PED revenue was $28.63M. In the past 5 year, PED's revenue has gone up by 54.47% per year. This was faster than the Oil & Gas E&P industry average of 27.41%.
You can analyze PED's earnings and revenue performance here.
Are PED executives and large shareholders buying or selling the stock?
In the past year, executives and large shareholders at PED have bought more shares than they have sold.
Moore Clark, Executive VP of PED, was the latest PED insider to sell. They sold $53,150.00 worth of PED stock on Jan 25, 2023.
Dig into more about who owns PED shares here.
Can I rely on PED as an income stream?
No, Pedevco doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your PED purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, use a limit order.
Click the Open Trade button and your broker will execute your order.
If you want more assistance buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in PED
Now that you own some PED stock, you'll want to stay up-to-date on your investment.
Put PED on a watchlist to track the most important metrics related to your PED stock.
PED Feed
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How to Buy Stock in Pedevco
To summarize, here are the 6 steps to buy Pedevco stock:
- Decide where to buy Pedevco stock
- Open your brokerage account
- Fund your investment account
- Research Pedevco stock
- Place your PED purchase
- Get notifications regarding your investment in PED
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Pedevco, add PED to your watchlist below.
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