Diversified Energy Company PLC (LON:DEC - Get Free Report) shares dropped 4% on Thursday . The company traded as low as GBX 1,033 ($13.90) and last traded at GBX 1,040 ($13.99). Approximately 154,129 shares traded hands during trading, a decline of 58% from the average daily volume of 367,353 shares. The stock had previously closed at GBX 1,083 ($14.57).
Diversified Energy Stock Performance
The business's 50 day moving average is GBX 964.11 and its two-hundred day moving average is GBX 1,128.11. The company has a current ratio of 0.44, a quick ratio of 0.37 and a debt-to-equity ratio of 316.76. The company has a market cap of £664.74 million, a PE ratio of 4.31, a PEG ratio of -0.32 and a beta of 0.19.
Diversified Energy Dividend Announcement
The firm also recently declared a dividend, which will be paid on Monday, June 30th. Investors of record on Thursday, May 29th will be issued a $0.29 dividend. The ex-dividend date is Thursday, May 29th. This represents a yield of 2.22%. Diversified Energy's dividend payout ratio is presently 37.23%.
Insider Buying and Selling
In other Diversified Energy news, insider Martin Keith Thomas purchased 700 shares of the stock in a transaction that occurred on Thursday, March 20th. The shares were bought at an average cost of GBX 1,060 ($14.26) per share, with a total value of £7,420 ($9,983.85). Also, insider David Edward Johnson acquired 1,250 shares of the firm's stock in a transaction dated Tuesday, March 18th. The shares were purchased at an average cost of GBX 1,020 ($13.72) per share, for a total transaction of £12,750 ($17,155.54). 18.06% of the stock is owned by insiders.
About Diversified Energy
(
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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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