DCC (OTCMKTS:DCCPF) Sets New 1-Year High - Here's What Happened

Key Points

• DCCPF hit a new 52-week high of $80.15 during mid-day trading, well above its 50-day and 200-day moving averages (about $63), with 1,140 shares traded and a prior close of $78.18.
• Analyst sentiment is mixed: BNP Paribas Exane upgraded DCC to Outperform while Morgan Stanley and RBC cut their ratings, leaving an average MarketBeat rating of Hold (one Buy, one Hold, one Sell).

DCC (OTCMKTS:DCCPF - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $80.15 and last traded at $80.15, with a volume of 1140 shares changing hands. The stock had previously closed at $78.18.

Wall Street Analyst Weigh In

DCCPF has been the subject of a number of analyst reports. BNP Paribas Exane upgraded shares of DCC to an "outperform" rating in a report on Thursday, April 9th. Morgan Stanley cut shares of DCC from an "overweight" rating to a "cautious" rating in a report on Tuesday, January 6th. 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, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold".

DCC Stock Performance

The firm's fifty day moving average is $63.76 and its two-hundred day moving average is $63.43. The company has a current ratio of 1.40, a quick ratio of 1.08 and a debt-to-equity ratio of 0.70.

About DCC

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.

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