DCC (OTCMKTS:DCCPF) Hits New 12-Month High – Here’s Why

DCC (OTCMKTS:DCCPF) shares reached a new 52-week high during trading on Friday . The company traded as high as $85.64 and last traded at $85.64, with a volume of 365 shares changing hands. The stock had previously closed at $81.15.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on DCCPF shares. BNP Paribas Exane upgraded DCC to an “outperform” rating in a research report on Thursday, April 9th. Royal Bank Of Canada downgraded DCC from an “outperform” rating to a “sector perform” rating in a report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of DCC in a report on Tuesday, July 28th. 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 company. According to MarketBeat, the stock presently has an average rating of “Hold”.

DCC Trading Up 3.5%

The business has a fifty day simple moving average of $81.37 and a two-hundred day simple moving average of $71.74. The company has a current ratio of 1.20, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83.

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.