Diversified Energy (NYSE:DEC) Sees Strong Trading Volume

Shares of Diversified Energy Company PLC (NYSE:DEC - Get Free Report) saw strong trading volume on Monday . 188,333 shares traded hands during trading, a decline of 0% from the previous session's volume of 188,706 shares.The stock last traded at $13.71 and had previously closed at $14.12.

Diversified Energy Stock Performance

The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.48. The company's 50 day simple moving average is $12.18.

Institutional Trading of Diversified Energy

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal London Asset Management Ltd. bought a new position in Diversified Energy in the 4th quarter worth about $25,000. Fund 1 Investments LLC bought a new position in Diversified Energy in the 4th quarter worth about $56,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in Diversified Energy in the 4th quarter worth about $190,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in shares of Diversified Energy during the 4th quarter valued at about $212,000. Finally, Public Employees Retirement System of Ohio bought a new position in shares of Diversified Energy during the 4th quarter valued at about $255,000. 26.51% of the stock is currently owned by institutional investors.

Diversified Energy Company Profile

(Get Free Report)

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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