DCC (OTCMKTS:DCCPF) Shares Climb 0.9% – Should You Buy?

DCC (OTCMKTS:DCCPF)’s share price shot up 0.9% during trading on Tuesday. The company traded as high as $85.71 and last traded at $85.58. 813 shares traded hands during mid-day trading, The stock had previously closed at $84.8120.

Wall Street Analyst Weigh In

DCCPF has been the subject of several research reports. Jefferies Financial Group downgraded shares of DCC from a “buy” rating to a “hold” rating in a research report on Thursday, September 10th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of DCC in a research report on Tuesday, July 28th. Finally, Berenberg Bank lowered shares of DCC from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 2nd. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

DCC Stock Performance

The company has a 50 day simple moving average of $84.67 and a 200 day simple moving average of $75.06.

About DCC

DCC plc is an Ireland-based international sales, marketing and business-support group. The company focuses on supplying essential products and services through three principal areas: energy, healthcare and technology. It works with manufacturers and customers to distribute products, provide technical support and develop routes to market.

DCC Energy supplies and distributes transport and heating fuels, liquefied petroleum gas, low-carbon energy products and related services. Its activities include fuel distribution, commercial and residential energy supply, fleet fueling and energy solutions for businesses and households.