Pedevco Corp. (NYSEAMERICAN:PED – Get Free Report) Director Martyn Willsher purchased 13,428 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was bought at an average cost of $14.29 per share, for a total transaction of $191,886.12. Following the completion of the purchase, the director directly owned 25,727 shares in the company, valued at $367,638.83. This represents a 109.18% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Martyn Willsher also recently made the following trade(s):
- On Friday, May 22nd, Martyn Willsher purchased 6,572 shares of Pedevco stock. The stock was bought at an average cost of $14.74 per share, for a total transaction of $96,871.28.
Pedevco Trading Down 3.8%
PED opened at $12.85 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.68 and a quick ratio of 0.67. The company’s 50 day simple moving average is $15.52 and its two-hundred day simple moving average is $13.10. Pedevco Corp. has a 1-year low of $8.64 and a 1-year high of $18.89. The firm has a market capitalization of $170.91 million, a price-to-earnings ratio of 428.48 and a beta of 0.27.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Pedevco stock. Juniper Capital Advisors L.P. purchased a new stake in shares of Pedevco Corp. (NYSEAMERICAN:PED – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 196,359 shares of the company’s stock, valued at approximately $110,000. Pedevco accounts for approximately 0.0% of Juniper Capital Advisors L.P.’s holdings, making the stock its 2nd biggest holding. Juniper Capital Advisors L.P. owned about 0.21% of Pedevco at the end of the most recent reporting period. 3.26% of the stock is owned by institutional investors.
About Pedevco
Pedevco Corp is an independent oil and gas exploration and production company incorporated in Delaware and listed on the NYSE American under the ticker symbol PED. The firm focuses on acquiring, developing and producing hydrocarbon assets, with a strategic emphasis on shallow water and onshore properties in Trinidad and Tobago. Since its listing, Pedevco has pursued opportunities to expand reserves through targeted exploration and development projects in one of the Caribbean’s most prolific hydrocarbon-producing regions.
The company’s portfolio centers on two primary concession areas in Trinidad and Tobago: the O-55 shallow water offshore block and the onshore Block 3(a) license.
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