Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Diversified Energy Company Plc’s stock clocked out at $14.02, down -2.50% from its previous closing price of $14.38. In other words, the price has decreased by -$2.50 from its previous closing price. On the day, 0.97 million shares were traded.
Ratios:
To gain a deeper understanding of DEC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 32.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.09. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.44. In the meantime, Its Debt-to-Equity ratio is 3.17 whereas as Long-Term Debt/Eq ratio is at 2.75.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, KeyBanc Capital Markets on August 28, 2024, initiated with a Overweight rating and assigned the stock a target price of $18.
On June 25, 2024, Truist started tracking the stock assigning a Buy rating and target price of $18.
Valuation Measures:
As of this moment, Diversified’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.66, and their Forward P/E ratio for the next fiscal year is 6.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95 while its Price-to-Book (P/B) ratio in mrq is 1.23.
Stock Price History:
Over the past 52 weeks, DEC has reached a high of $17.70, while it has fallen to a 52-week low of $10.54. The 50-Day Moving Average of the stock is -13.66%, while the 200-Day Moving Average is calculated to be -1.59%.
Shares Statistics:
A total of 46.86M shares are outstanding, with a floating share count of 44.86M.
