Diversified Energy Company Plc [DEC] stock is trading at $13.06, up 9.29%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DEC shares have gain 19.16% over the last week, with a monthly amount drifted -21.47%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Diversified Energy Company Plc [NYSE: DEC] stock has seen the most recent analyst activity on August 28, 2024, when KeyBanc Capital Markets initiated its Overweight rating and assigned the stock a price target of $18. Previously, Truist started tracking the stock with Buy rating on June 25, 2024, and set its price target to $18.
Diversified Energy Company Plc [DEC] stock has fluctuated between $10.54 and $17.70 over the past year. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Diversified Energy Company Plc [NYSE: DEC] shares were valued at $13.06 at the most recent close of the market. An investor can expect a potential return of 37.83% based on the average DEC price forecast.
Analyzing the DEC fundamentals
Diversified Energy Company Plc [NYSE:DEC] reported sales of 749.63M for the trailing twelve months, which represents a drop of -24.34%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.36%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.26 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.17.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.61 points at the first support level, and at 12.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.34, and for the 2nd resistance point, it is at 13.63.
Ratios To Look Out For
For context, Diversified Energy Company Plc’s Current Ratio is 0.44. Also, the Quick Ratio is 0.44, while the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 0.82, the price to book ratio is 1.14 and price to earnings (TTM) ratio is 4.34.
