DCC (OTCMKTS:DCCPF) Shares Gap Up – Here’s Why
by Mitch Edgeman · The Markets DailyDCC (OTCMKTS:DCCPF – Get Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $78.52, but opened at $85.32. DCC shares last traded at $85.32, with a volume of 200 shares changing hands.
Wall Street Analysts Forecast Growth
DCCPF has been the subject of several research analyst reports. BNP Paribas Exane upgraded shares of DCC to an “outperform” rating in a report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of DCC in a report on Wednesday, May 20th. Finally, Royal Bank Of Canada cut shares of DCC from an “outperform” rating to a “sector perform” rating in a report on Thursday, April 30th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, DCC has an average rating of “Hold”.
Read Our Latest Analysis on DCC
DCC Stock Up 8.2%
The stock’s 50 day moving average is $71.32 and its two-hundred day moving average is $66.15. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.08 and a current ratio of 1.40.
DCC Company Profile
DCC plc is an international sales, marketing and support services group headquartered in Dublin, Ireland. Trading on the London Stock Exchange since 1994 and quoted over-the-counter in the U.S. as DCCPF, the company operates through three core divisions—Energy, Healthcare and Technology—providing a broad portfolio of essential products and services to customers across Europe, North America and the Asia-Pacific region.
The Energy division distributes fuels and energy solutions including liquefied petroleum gas, heating oil, autogas, aviation fuels and renewable energy products.