Diversified Energy (LON:DEC) Shares Up 8.1% – Still a Buy?

Shares of Diversified Energy Company PLC (LON:DECGet Free Report) shot up 8.1% during trading on Tuesday . The company traded as high as GBX 1,078.58 and last traded at GBX 1,041. 514,461 shares were traded during trading, an increase of 76% from the average session volume of 291,551 shares. The stock had previously closed at GBX 963.

Diversified Energy Price Performance

The company has a market capitalization of £796.17 million, a P/E ratio of -3.91, a P/E/G ratio of -0.32 and a beta of 0.19. The business’s 50-day simple moving average is GBX 1,057.29 and its 200 day simple moving average is GBX 1,058.85. The company has a current ratio of 0.44, a quick ratio of 0.37 and a debt-to-equity ratio of 316.76.

Diversified Energy Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Diversified Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diversified Energy and related companies with MarketBeat.com's FREE daily email newsletter.