Diversified Gas & Oil (LON:DGOC) Trading 1% Higher – What’s Next?

Shares of Diversified Gas & Oil PLC (LON:DGOC) traded up 1% on Thursday . The stock traded as high as GBX 121.20 ($1.54) and last traded at GBX 120.80 ($1.53). 1,092,649 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 1,727,757 shares. The stock had previously closed at GBX 119.60 ($1.52).

Diversified Gas & Oil Stock Performance

The firm has a market cap of £854.91 million and a P/E ratio of -48.32. The company has a quick ratio of 0.35, a current ratio of 0.48 and a debt-to-equity ratio of 83.02. The business has a fifty day simple moving average of GBX 120.80 and a 200-day simple moving average of GBX 120.80.

Diversified Gas & Oil Company Profile

Diversified Gas & Oil PLC operates as an independent owner and operator of producing natural gas and oil wells primarily in the Appalachian Basin of the United States. The company is involved in the production, marketing, and transportation of natural gas, natural gas liquids, crude oil, and condensates.