Diversified Energy (LON:DEC) Stock Price Down 1.5% – Should You Sell?

Diversified Energy Company PLC (LON:DEC) shares fell 1.5% on Friday . The company traded as low as GBX 1,014.77 and last traded at GBX 1,024. 47,561 shares were traded during mid-day trading, a decline of 90% from the average session volume of 463,056 shares. The stock had previously closed at GBX 1,040.

Analyst Upgrades and Downgrades

Separately, Peel Hunt restated a “buy” rating and issued a GBX 3,000 price target on shares of Diversified Energy in a research report on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Diversified Energy currently has an average rating of “Buy” and an average price target of GBX 3,000.

Diversified Energy Stock Down 1.5%

The firm’s fifty day simple moving average is GBX 998.06 and its two-hundred day simple moving average is GBX 1,058.15. The company has a current ratio of 0.44, a quick ratio of 0.37 and a debt-to-equity ratio of 316.76. The company has a market capitalization of £785.17 million, a price-to-earnings ratio of -3.85, a price-to-earnings-growth ratio of -0.32 and a beta of 0.19.

Diversified Energy Company Profile

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.