DCC (OTCMKTS:DCCPF) Reaches New 1-Year High – Time to Buy?

DCC (OTCMKTS:DCCPF) reached a new 52-week high on Thursday . The stock traded as high as $85.32 and last traded at $85.32, with a volume of 283 shares trading hands. The stock had previously closed at $78.88.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. BNP Paribas Exane upgraded shares of DCC to an “outperform” rating in a research note on Thursday, April 9th. Royal Bank Of Canada cut shares of DCC from an “outperform” rating to a “sector perform” rating in a research note on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of DCC in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

DCC Price Performance

The company has a debt-to-equity ratio of 0.70, a current ratio of 1.40 and a quick ratio of 1.08. The company’s 50-day moving average is $71.79 and its 200-day moving average is $66.30.

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.