Diversified Energy (LON:DEC) Shares Down 1.5% – Time to Sell?

Shares of Diversified Energy Company PLC (LON:DECGet Free Report) were down 1.5% during trading on Friday . The stock traded as low as GBX 1,014.77 and last traded at GBX 1,024. Approximately 47,561 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 463,056 shares. The stock had previously closed at GBX 1,040.

Analysts Set New Price Targets

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

Get Our Latest Stock Analysis on DEC

Diversified Energy Stock Down 1.5%

The company has a market cap of £785.17 million, a P/E ratio of -3.85, a PEG ratio of -0.32 and a beta of 0.19. The stock has a 50-day moving average of GBX 998.06 and a 200 day moving average of GBX 1,058.38. The company has a debt-to-equity ratio of 316.76, a current ratio of 0.44 and a quick ratio of 0.37.

Diversified Energy Company Profile

(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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