Diversified Energy Company PLC (NYSE:DEC - Get Free Report)'s stock price traded down 2.2% on Thursday . The stock traded as low as $12.45 and last traded at $12.65. 75,652 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 185,463 shares. The stock had previously closed at $12.94.
Diversified Energy Trading Down 3.6 %
The firm's 50 day simple moving average is $11.99.
Hedge Funds Weigh In On Diversified Energy
Hedge funds have recently bought and sold shares of the company. Royal London Asset Management Ltd. purchased a new position in Diversified Energy during the 4th quarter worth $25,000. Fund 1 Investments LLC purchased a new position in Diversified Energy during the 4th quarter worth $56,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Diversified Energy during the 4th quarter worth $190,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in Diversified Energy during the 4th quarter worth $212,000. Finally, Public Employees Retirement System of Ohio purchased a new position in Diversified Energy during the 4th quarter worth $255,000. 26.51% of the stock is owned by hedge funds and other institutional investors.
About Diversified Energy
(
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Diversified Energy Company PLC operates as an independent owner and operator of producing natural gas and oil wells primarily in the Appalachian Basin of the United States. The company is involved in the production, marketing, and transportation of natural gas, natural gas liquids, crude oil, and condensates.
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