Diversified Energy Company Plc (NYSE: DEC) has a higher price-to-earnings ratio of 3.90x compared to its average ratio, Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DEC is 44.69M, and currently, shorts hold a 5.83% of that float. The average trading volume for DEC on October 03, 2024 was 306.14K shares.
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DEC) stock’s latest price update
Diversified Energy Company Plc (NYSE: DEC)’s stock price has plunge by -0.17relation to previous closing price of 11.74. Nevertheless, the company has seen a 4.27% surge in its stock price over the last five trading sessions. zacks.com reported 2024-10-02 that One should refrain from investing in DEC right now, considering its dismal share price performance year to date. Those who own it may continue to do so.
DEC’s Market Performance
Diversified Energy Company Plc (DEC) has seen a 4.27% rise in stock performance for the week, with a 3.81% gain in the past month and a -13.70% plunge in the past quarter. The volatility ratio for the week is 2.63%, and the volatility levels for the past 30 days are at 2.72% for DEC. The simple moving average for the past 20 days is 3.36% for DEC’s stock, with a -12.53% simple moving average for the past 200 days.
Analysts’ Opinion of DEC
Many brokerage firms have already submitted their reports for DEC stocks, with KeyBanc Capital Markets repeating the rating for DEC by listing it as a “Overweight.” The predicted price for DEC in the upcoming period, according to KeyBanc Capital Markets is $18 based on the research report published on August 28, 2024 of the current year 2024.
Truist, on the other hand, stated in their research note that they expect to see DEC reach a price target of $18. The rating they have provided for DEC stocks is “Buy” according to the report published on June 25th, 2024.
DEC Trading at -8.47% from the 50-Day Moving Average
After a stumble in the market that brought DEC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.46% of loss for the given period.
Volatility was left at 2.72%, however, over the last 30 days, the volatility rate increased by 2.63%, as shares surge +4.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.39% lower at present.
During the last 5 trading sessions, DEC rose by +5.07%, which changed the moving average for the period of 200-days by -31.22% in comparison to the 20-day moving average, which settled at $11.37. In addition, Diversified Energy Company Plc saw -21.87% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DEC
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.21 for the gross margin
The net margin for Diversified Energy Company Plc stands at 0.6. The total capital return value is set at 0.06. Equity return is now at value 26.40, with 3.78 for asset returns.
Based on Diversified Energy Company Plc (DEC), the company’s capital structure generated 0.76 points at debt to capital in total, while cash flow to debt ratio is standing at 0.32. The debt to equity ratio resting at 3.11. The interest coverage ratio of the stock is 0.97.
Currently, EBITDA for the company is 342.12 million with net debt to EBITDA at 2.55. When we switch over and look at the enterprise to sales, we see a ratio of 1.57. The receivables turnover for the company is 7.96for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.44.
Conclusion
In conclusion, Diversified Energy Company Plc (DEC) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
