Diversified Energy (LON:DEC) Trading Down 0.8% – Time to Sell?

Diversified Energy Company PLC (LON:DECGet Free Report) dropped 0.8% on Friday . The company traded as low as GBX 1,016 and last traded at GBX 1,042. Approximately 103,268 shares were traded during mid-day trading, a decline of 69% from the average session volume of 338,087 shares. The stock had previously closed at GBX 1,050.

Diversified Energy Price Performance

The company has a fifty day moving average of GBX 1,046.44 and a 200-day moving average of GBX 1,098.44. The company has a current ratio of 0.57, a quick ratio of 0.36 and a debt-to-equity ratio of 311.57. The stock has a market cap of £737.42 million, a PE ratio of 1.71, a P/E/G ratio of -0.32 and a beta of 0.30.

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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