Zacks Research Downgrades Pedevco (NYSEAMERICAN:PED) to Strong Sell

Posted by Brenda Bartman on Jun 10th, 2026

Pedevco (NYSEAMERICAN:PED – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Monday,Zacks.com reports.

Pedevco Price Performance

NYSEAMERICAN PED opened at $13.20 on Monday. The company has a market cap of $175.56 million, a PE ratio of 440.15 and a beta of 0.20. Pedevco has a 52 week low of $8.64 and a 52 week high of $18.89. The company has a quick ratio of 0.67, a current ratio of 0.68 and a debt-to-equity ratio of 0.54. The firm’s 50-day simple moving average is $15.10 and its two-hundred day simple moving average is $13.21.

Pedevco (NYSEAMERICAN:PED – Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported ($3.28) EPS for the quarter, missing the consensus estimate of $0.62 by ($3.90). The business had revenue of $40.22 million for the quarter, compared to analysts’ expectations of $37.65 million. Pedevco had a negative net margin of 46.78% and a negative return on equity of 3.20%. Research analysts predict that Pedevco will post 1.58 earnings per share for the current year.

Insider Buying and Selling at Pedevco

In related news, Director Martyn Willsher purchased 13,428 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were purchased at an average cost of $14.29 per share, for a total transaction of $191,886.12. Following the completion of the transaction, the director directly owned 25,727 shares in the company, valued at approximately $367,638.83. This represents a 109.18% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 70.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Pedevco

An institutional investor recently bought a new position 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 its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 196,359 shares of the company’s stock, valued at approximately $110,000. Pedevco accounts for 0.0% of Juniper Capital Advisors L.P.’s holdings, making the stock its 2nd largest position. Juniper Capital Advisors L.P. owned 0.21% of Pedevco at the end of the most recent reporting period. Hedge funds and other institutional investors own 3.26% of the company’s stock.

Pedevco Company Profile

(Get Free Report)

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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