Diversified Energy Company Plc [DEC] stock is trading at $11.75, down -0.09%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DEC shares have gain 8.80% over the last week, with a monthly amount drifted -11.52%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, KeyBanc Capital Markets started tracking the stock with Overweight rating on August 28, 2024, and set its price target to $18. On June 25, 2024, Truist initiated with a Buy rating and assigned a price target of $18 on the stock.
Diversified Energy Company Plc [DEC] stock has fluctuated between $10.08 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 $11.75 at the most recent close of the market. An investor can expect a potential return of 53.19% based on the average DEC price forecast.
Analyzing the DEC fundamentals
Diversified Energy Company Plc [NYSE:DEC] reported sales of 794.84M for the trailing twelve months, which represents a growth of 11.87%. 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 0.29 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.84.
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 11.60 points at the first support level, and at 11.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.97, and for the 2nd resistance point, it is at 12.19.
Ratios To Look Out For
For context, Diversified Energy Company Plc’s Current Ratio is 0.40. In addition, the Quick Ratio stands at 0.39 and the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 0.75, the price to book ratio is 1.31.
