Diversified Energy (LON:DEC) Shares Down 0.4% – Here’s What Happened

Diversified Energy Company PLC (LON:DECGet Free Report)’s share price fell 0.4% during trading on Friday . The company traded as low as GBX 1,069.39 and last traded at GBX 1,082. Approximately 84,553 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 355,890 shares. The stock had previously closed at GBX 1,086.

Diversified Energy Stock Down 0.4%

The firm has a market capitalization of £747.54 million, a P/E ratio of 1.36, a PEG ratio of -0.32 and a beta of 0.30. The company has a debt-to-equity ratio of 311.57, a quick ratio of 0.36 and a current ratio of 0.57. The business’s fifty day moving average price is GBX 1,018.58 and its two-hundred day moving average price is GBX 1,086.38.

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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