Diversified Energy (LON:DEC) Trading 8.1% Higher – Should You Buy?

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

Diversified Energy Price Performance

The stock has a market cap of £796.17 million, a price-to-earnings ratio of -3.91, a price-to-earnings-growth ratio of -0.32 and a beta of 0.19. The company has a quick ratio of 0.37, a current ratio of 0.44 and a debt-to-equity ratio of 316.76. The company’s 50-day moving average is GBX 1,057.29 and its 200-day moving average is GBX 1,058.85.

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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