Diversified Energy Company PLC (LON:DEC – Get Free Report) shot up 1.7% on Thursday . The company traded as high as GBX 1,184 and last traded at GBX 1,176. 89,086 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 539,751 shares. The stock had previously closed at GBX 1,156.
Diversified Energy Stock Performance
The stock has a market capitalization of £847.30 million, a price-to-earnings ratio of 2.63, a price-to-earnings-growth ratio of -0.32 and a beta of 0.43. The company has a quick ratio of 0.37, a current ratio of 0.60 and a debt-to-equity ratio of 312.91. The stock’s 50-day simple moving average is GBX 1,186.96 and its 200 day simple moving average is GBX 1,090.01.
About Diversified Energy
Diversified Energy Company (DEC) is focused on acquiring and enhancing onshore gas and oil producing assets and related midstream properties in the United States. Our primary and historical area of operations are within the prolific Appalachian Basin, with additional operations in the states of Louisiana, Oklahoma and Texas announced with our entry to that region in 2021.
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