Diversified Gas & Oil’s (DGOC) Buy Rating Reaffirmed at Mirabaud Securities

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Diversified Gas & Oil (LON:DGOC)‘s stock had its “buy” rating reissued by equities researchers at Mirabaud Securities in a note issued to investors on Monday, ThisIsMoney.Co.Uk reports.

LON:DGOC opened at GBX 108.50 ($1.42) on Monday. Diversified Gas & Oil has a 52 week low of GBX 96 ($1.25) and a 52 week high of GBX 135 ($1.76). The company has a debt-to-equity ratio of 64.95, a quick ratio of 1.31 and a current ratio of 1.74. The company has a market cap of $747.40 million and a PE ratio of 2.09.

In related news, insider Jr. Turner bought 70,000 shares of the company’s stock in a transaction that occurred on Friday, June 14th. The shares were bought at an average price of GBX 109 ($1.42) per share, for a total transaction of £76,300 ($99,699.46). Also, insider Martin Keith Thomas bought 15,000 shares of the company’s stock in a transaction that occurred on Thursday, June 6th. The stock was bought at an average price of GBX 108 ($1.41) per share, for a total transaction of £16,200 ($21,168.17). In the last quarter, insiders have bought 105,000 shares of company stock worth $11,830,000.

Diversified Gas & Oil Company Profile

Diversified Gas & Oil PLC operates as an oil and gas producer in the Appalachian Basin of the United States. It holds interests in various properties covering 7.6 million acres of conventional gas and oil HBP leases located in Pennsylvania, Ohio, and West Virginia. The company was founded in 2001 and is headquartered in Birmingham, Alabama.

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