With 4.35 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.14 million shares. The 52-week range on PED shows that it touched its highest point at $1.10 and its lowest point at $0.47 during that stretch. It currently has a 1-year price target of $1.82. Beta for the stock currently stands at 0.41.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PED was up-trending over the past week, with a rise of 1.03%, but this was down by -3.64% over a month. Three-month performance dropped to -9.81% while six-month performance fell -17.09%. The stock lost -28.07% in the past year, while it has lost -15.17% so far this year. A look at the trailing 12-month EPS for PED yields 0.19 with Next year EPS estimates of 0.04. For the next quarter, that number is 0.01. This implies an EPS growth rate of -94.20% for this year and 221.55% for next year.
Float and Shares Shorts:
At present, 91.34 million PED shares are outstanding with a float of 25.52 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PED since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.08358438 being high and $0.08308162 being low. For PED, this leads to a yearly average estimate of $0.083333.
