Diversified Gas & Oil PLC Gets Buy Rating from Beaufort Securities

Diversified Gas & Oil PLC

Diversified Gas & Oil PLC (LON:$DGOC) continues to receive a ‘Buy’ rating from Beaufort Securities. The report was issued September 12th.

DGOC started Tuesday trading at £75.00. The stock has a 50 and 200 Moving Average of £68.36 and £66.95 respectively. They have a 1 year high of £81.00 1 year low of £53.50. DGOC has a market cap of $71.23 million.

DGOC is a US-based oil and gas producer who engages in natural gas and crude oil production. They operate in the US’ Appalachian Basin. They also own and operate 7.500 conventional wells in Ohio, West Virginia, and Pennsylvania.

In insider news, on September 14, DGOC insider Martin Keith Thomas purchased 33,500 shares of stock at an average price of £75 – or $1.01 USD – per share, valuing in at approximately £25,125 – or $33,874.88 USD.

The company also recently disclosed a dividend with an ex-dividend date of November 16th. The dividend will be issued at $0.02 per share on November 16th.

Featured Image: Depositphotos/© bashta

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