DCC (OTCMKTS:DCCPF) Shares Gap Up - Should You Buy?

Key Points

• DCC's stock price increased from a previous close of $62.38 to an opening price of $65.16, marking a significant gap up in trading.
• Royal Bank of Canada has reaffirmed an "outperform" rating for DCC shares, indicating strong confidence in the company's performance.
• DCC plc operates in various segments including DCC Energy, DCC Healthcare, and DCC Technology, providing sales and marketing for energy and healthcare products globally.

Shares of DCC (OTCMKTS:DCCPF - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $62.38, but opened at $65.16. DCC shares last traded at $65.16, with a volume of 155 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada reissued an "outperform" rating on shares of DCC in a research note on Monday, May 19th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Strong Buy".

DCC Price Performance

The company has a debt-to-equity ratio of 0.66, a current ratio of 1.30 and a quick ratio of 0.99. The stock has a 50-day simple moving average of $62.88 and a two-hundred day simple moving average of $65.15.

DCC Company Profile

DCC plc provides sales, marketing, and support services worldwide. The company operates through DCC Energy, DCC Healthcare, and DCC Technology segments. It sells and markets liquefied petroleum gas (LPG), refrigerants, and natural gas; markets, sells, and retails transport and commercial fuels, heating oils, and related products and services; operates retail petrol stations; resells fuel cards; distributes oil; and provides logistics services.