Diversified Energy Company PLC (LON:DEC – Get Free Report) 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 changed 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 Performance
The company has a 50 day moving average price of GBX 1,057.29 and a 200 day moving average price of GBX 1,058.85. The company has a debt-to-equity ratio of 316.76, a quick ratio of 0.37 and a current ratio of 0.44. The company has a market capitalization of £796.17 million, a price-to-earnings ratio of -3.91, a P/E/G ratio of -0.32 and a beta of 0.19.
About Diversified Energy
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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