We’ll discuss PED stock forecast in this piece.
PED stock is currently trading at 1.785$, and our data shows that the asset price has been rising for the past year (or since its inception).
Because the stock price of PEDEVCO has been growing, we infer that similar market sectors were quite popular throughout the period in question.
Our website employs a unique Deep Learning-based algorithm to assist customers in determining if PED is a good addition to their portfolio.
These forecasts consider a variety of factors, including volume fluctuations, price changes, market cycles, and comparable stocks.
According to our prediction algorithm, the stock’s future price will be 0$ (-100%) after a year.
Is PED a Good Investment?
PED’s financial strength and development prospects show that it can outperform the market.
It has a B Growth Score right now, and recent price swings and earnings estimate revisions show that this is not a promising stock for momentum investors with a Momentum Score of D. This coin needs to be thoroughly researched.
Will PED Stock go Up?
PEDEVCO CORP’s stock recently closed at $1.65, down -8.33 percent from the previous trading day’s closing price.
Based on current price information, the projection for additional price development is 6.80 percent (time horizon: 1 day), resulting in a price goal of $1.76.
According to the latest projections, the PEDEVCO CORP share price is expected to rise 0.40 percent in the next five days and 0.22 percent in two weeks.
PED Stock Forecast 2023
The average PEDEVCO stock projection for 2023 is $0.61, with a high prognosis of $0.81 and a low forecast of $0.39 for each month of 2023.
The average PEDEVCO stock estimate for 2023 is down 69.87 percent from its previous price of $2.01999998092651.
PED Stock Forecast 2024
The average PEDEVCO stock projection for 2024 is $0.44, with a high prognosis of $0.5 and a low forecast of $0.39 for each month of 2024.
The average PEDEVCO stock estimate for 2024 is down 78.06 percent from the previous price of $2.01999998092651.
PED Stock Forecast 2025
The average PEDEVCO stock projection for 2025 (5 years) is $1.18, with a high prognosis of $1.78 and a low forecast of $0.28 for each month of 2025.
The average PEDEVCO stock estimate for 2025 is down -41.75 percent from its previous price of $2.01999998092651.
Both institutional and retail investors hold the stock of PEDEVCO. Renaissance Technologies LLC (1.93 percent), Pinnacle Associates Ltd. (0.10 percent), Marshall Wace LLP (0.08 percent), BlackRock Inc. (0.04%), Steward Partners Investment Advisory LLC (0.04%), and Spire Wealth Management are among the top institutional investors (0.04 percent ).
Ivar Siem, John Douglas Schick, John J Scelfo, Moore Clark, Paul Anthony Pinkston, Simon G Kukes, and Viktor Tkachev are among the company’s insiders who possess PEDEVCO shares.
The current consensus among the two financial experts surveyed is to purchase PEDEVCO Corp shares. This rating has been constant since January when it was downgraded from a buy.
The historical price of PEDEVCO shares, as well as a year-ahead forecast. Prices are color-coded for ease of use.
Watch the video below to know more about the PED Stock Forecast:
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