Shares of Diversified Energy Company PLC (LON:DEC – Get Free Report) shot up 3.6% during mid-day trading on Friday . The company traded as high as GBX 1,038 and last traded at GBX 1,020. 122,797 shares changed hands during 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 debt-to-equity ratio of 312.91, a quick ratio of 0.36 and a current ratio of 0.60. The company has a 50 day moving average price of GBX 1,007.90 and a 200 day moving average price of GBX 1,074.17. The company has a market capitalization of £704.71 million, a price-to-earnings ratio of 1.28, a P/E/G 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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