Diversified Energy (LON:DEC) Stock Price Up 8.1% – Here’s What Happened

Diversified Energy Company PLC (LON:DECGet Free Report)’s stock price rose 8.1% on Tuesday . The stock traded as high as GBX 1,078.58 and last traded at GBX 1,041. Approximately 514,461 shares traded hands during trading, an increase of 76% from the average daily volume of 291,551 shares. The stock had previously closed at GBX 963.

Diversified Energy Stock Up 8.1%

The company has a fifty day moving average of GBX 1,053.83 and a two-hundred day moving average of GBX 1,059.91. The company has a market cap of £796.17 million, a PE ratio of -3.91, a price-to-earnings-growth ratio of -0.32 and a beta of 0.19. The company has a debt-to-equity ratio of 316.76, a quick ratio of 0.37 and a current ratio of 0.44.

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.

Further Reading

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