Diversified Energy Company Plc (NYSE: DEC) is 6.80% higher on its value in year-to-date trading and has touched a low of $10.08 and a high of $17.70 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DEC stock was last observed hovering at around $14.37 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $14.45, the stock is -1.27% and 3.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing 0.56% at the moment leaves the stock 3.93% off its SMA200. DEC registered -13.99% loss for a year compared to 6-month loss of -13.58%. The firm has a 50-day simple moving average (SMA 50) of $13.9128 and a 200-day simple moving average (SMA200) of $13.9038.
The stock witnessed a 2.56% gain in the last 1 month and extending the period to 3 months gives it a 3.07%, and is -2.17% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.70% over the week and 2.97% over the month.
Diversified Energy Company Plc (DEC) has around 1589 employees, a market worth around $731.89M and $794.84M in sales. Fwd P/E is 5.98. Profit margin for the company is -11.11%. Distance from 52-week low is 43.35% and -18.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.49%).
The EPS is expected to grow by 9.06% this year
234.0 institutions hold shares in Diversified Energy Company Plc (DEC), with institutional investors hold 79.77% of the company’s shares. The shares outstanding are 50.65M, and float is at 44.86M with Short Float at 4.07%. Institutions hold 59.86% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 2.64 million shares valued at $35.65 million. The investor’s holdings represent 5.5982 of the DEC Shares outstanding. As of 2024-06-30, the second largest holder is JUPITER ASSET MANAGEMENT LTD with 2.63 million shares valued at $34.97 million to account for 5.5821 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.49 million shares representing 5.2748 and valued at over $33.59 million, while M&G PLC holds 3.6346 of the shares totaling 1.72 million with a market value of $2.28 billion.
