Diversified Energy (LON:DEC) Trading 8.1% Higher – Here’s What Happened

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

Diversified Energy Stock Up 8.1%

The business’s fifty day moving average price is GBX 1,053.83 and its 200 day moving average price is GBX 1,059.91. The firm has a market capitalization of £796.17 million, a price-to-earnings ratio of -3.91, a PEG ratio of -0.32 and a beta of 0.19. The company has a current ratio of 0.44, a quick ratio of 0.37 and a debt-to-equity ratio of 316.76.

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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