Diversified Energy (LON:DEC) Shares Up 8.1% – What’s Next?

Shares of Diversified Energy Company PLC (LON:DECGet Free Report) shot up 8.1% during mid-day 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 Stock Performance

The company has a quick ratio of 0.37, a current ratio of 0.44 and a debt-to-equity ratio of 316.76. The firm has a market capitalization of £813.94 million, a P/E ratio of -4.02, a P/E/G ratio of -0.32 and a beta of 0.19. The stock has a fifty day moving average of GBX 1,047.91 and a 200-day moving average of GBX 1,059.92.

About Diversified Energy

(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.

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