Shares of Diversified Energy Company PLC (LON:DEC – Get Free Report) were up 3.6% during trading on Friday . The stock traded as high as GBX 1,038 and last traded at GBX 1,020. Approximately 122,797 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 384,779 shares. The stock had previously closed at GBX 985.
Diversified Energy Stock Performance
The company has a current ratio of 0.60, a quick ratio of 0.36 and a debt-to-equity ratio of 312.91. The stock’s 50 day moving average price is GBX 1,007.90 and its two-hundred day moving average price is GBX 1,074.17. The firm has a market capitalization of £704.71 million, a PE ratio of 1.28, a PEG ratio of -0.32 and a beta of 0.32.
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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