PEDEVCO Corp (PED) in Focus: Stock Jumps 10.6% in Session

Zacks

PEDEVCO Corp. (PED) was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $1.89 to $2.09 in the past one-month time frame.

None of the estimates for this oil field machinery and equipment stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

PEDEVCO Corp. carries a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the same industry include Matrix Service Company (MTRX), Cameron International Corporation (CAM) and USA Compression Partners, LP (USAC). While Matrix Service Company sports a Zacks Rank #1 (Strong Buy), Cameron International and USA Compression Partners hold a Zacks Rank #2 (Buy).

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PEDEVCO CORP. COMMON S (PED): Free Stock Analysis Report

MATRIX SERVICE CO (MTRX): Free Stock Analysis Report

CAMERON INTERNATIONAL CORP (CAM): Free Stock Analysis Report

USA COMPRESSION PARTNERS LP (USAC): Free Stock Analysis Report


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