DCC plc (LON:DCC - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 5,006.47 ($67.20) and traded as low as GBX 4,718 ($63.33). DCC shares last traded at GBX 4,786 ($64.24), with a volume of 132,017 shares.
Analysts Set New Price Targets
A number of research analysts have commented on the company. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a GBX 5,500 ($73.83) price objective on shares of DCC in a research note on Friday, July 11th. Royal Bank Of Canada decreased their price objective on shares of DCC from GBX 5,400 ($72.48) to GBX 5,200 ($69.80) and set an "outperform" rating for the company in a report on Monday, May 19th.
View Our Latest Report on DCC
DCC Stock Up 1.7%
The company has a quick ratio of 0.89, a current ratio of 1.31 and a debt-to-equity ratio of 77.99. The company has a market capitalization of £4.74 billion, a price-to-earnings ratio of 22.21, a price-to-earnings-growth ratio of 4.37 and a beta of 0.74. The business has a 50-day moving average price of GBX 4,701.20 and a 200-day moving average price of GBX 5,006.47.
DCC announced that its board has approved a stock repurchase program on Tuesday, May 27th that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its stock is undervalued.
Insider Buying and Selling at DCC
In related news, insider Kevin Lucey sold 1,850 shares of the business's stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of GBX 4,541 ($60.95), for a total value of £84,008.50 ($112,763.09). Also, insider Donal Murphy sold 8,150 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of GBX 4,541 ($60.95), for a total transaction of £370,091.50 ($496,767.11). 0.23% of the stock is currently owned by company insiders.
DCC Company Profile
(
Get Free Report)
DCC plc is a leading international sales, marketing and support services group operating in 22 countries, supplying products and services used by millions of people every day. Headquartered in Dublin, the Group operates across three sectors: energy, healthcare and technology, employing over 16,000 people.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider DCC, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DCC wasn't on the list.
While DCC currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
