Diversified Energy (LON:DEC) Stock Price Down 2.1% – Here’s What Happened

Shares of Diversified Energy Company PLC (LON:DEC) fell 2.1% during trading on Tuesday . The stock traded as low as GBX 1,010 and last traded at GBX 1,027.63. 459,804 shares traded hands during mid-day trading, an increase of 14% from the average session volume of 402,877 shares. The stock had previously closed at GBX 1,050.

Analyst Ratings Changes

Separately, Peel Hunt reaffirmed a “buy” rating and issued a GBX 3,000 target price on shares of Diversified Energy in a report on Tuesday, November 25th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 3,000.

Diversified Energy Stock Down 2.1%

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 £812.61 million, a PE ratio of -3.86, a price-to-earnings-growth ratio of -0.32 and a beta of 0.19. The firm’s 50-day simple moving average is GBX 1,063.65 and its 200 day simple moving average is GBX 1,087.63.

Diversified Energy Company Profile

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.