DCC (OTCMKTS:DCCPF) Reaches New 52-Week High – Here’s Why

DCC (OTCMKTS:DCCPF) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $68.49 and last traded at $68.49, with a volume of 468 shares traded. The stock had previously closed at $68.4491.

Analyst Ratings Changes

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

DCC Price Performance

The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.08 and a current ratio of 1.40. The business has a 50 day moving average of $62.57 and a two-hundred day moving average of $63.57.

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.