DCC (OTCMKTS:DCCPF) Shares Gap Up – Here’s Why

DCC (OTCMKTS:DCCPF) shares gapped up prior to trading on Monday . The stock had previously closed at $57.80, but opened at $61.37. DCC shares last traded at $61.37, with a volume of 262 shares changing hands.

Analyst Ratings Changes

Separately, Morgan Stanley cut shares of DCC from an “overweight” rating to a “cautious” rating in a research note on Tuesday, January 6th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

DCC Stock Performance

The firm has a 50-day moving average price of $63.92 and a 200 day moving average price of $63.54. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.40 and a quick ratio of 1.08.

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.