Diversified Energy (LON:DEC) Stock Price Down 1.1% – What’s Next?

Diversified Energy Company PLC (LON:DEC)’s stock price dropped 1.1% on Wednesday . The company traded as low as GBX 883 ($11.53) and last traded at GBX 894 ($11.67). Approximately 133,591 shares were traded during trading, a decline of 64% from the average daily volume of 372,442 shares. The stock had previously closed at GBX 903.50 ($11.80).

Diversified Energy Stock Performance

The firm has a market cap of £428.59 million, a PE ratio of 416.75, a PEG ratio of -0.32 and a beta of 0.19. The firm’s 50 day simple moving average is GBX 906.98 and its 200 day simple moving average is GBX 1,044.73. The company has a current ratio of 0.44, a quick ratio of 0.37 and a debt-to-equity ratio of 309.61.

Diversified Energy Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, December 27th. Investors of record on Thursday, November 28th will be paid a dividend of $0.29 per share. This represents a yield of 2.11%. The ex-dividend date of this dividend is Thursday, November 28th. Diversified Energy’s payout ratio is 4,245.28%.

Insider Buying and Selling at Diversified Energy

In related news, insider Sandra Stash acquired 1,040 shares of the firm’s stock in a transaction on Tuesday, September 24th. The shares were acquired at an average cost of GBX 1,125 ($14.69) per share, for a total transaction of £11,700 ($15,278.14). 18.06% of the stock is owned by company insiders.

About Diversified Energy

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.