DCC (LON:DCC) Shares Pass Below Two Hundred Day Moving Average of $5,568.48

DCC plc (LON:DCC)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 5,568.48 ($73.22) and traded as low as GBX 5,290 ($69.56). DCC shares last traded at GBX 5,315 ($69.89), with a volume of 109,251 shares changing hands.

Analyst Upgrades and Downgrades

DCC has been the subject of several research analyst reports. Royal Bank of Canada upgraded shares of DCC to an “outperform” rating and upped their price target for the company from GBX 5,700 ($74.95) to GBX 5,800 ($76.27) in a report on Thursday, August 15th. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 6,700 ($88.10) target price on shares of DCC in a report on Thursday, June 6th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 7,000 ($92.04) target price on shares of DCC in a report on Tuesday, May 7th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of GBX 6,252.40 ($82.21).

DCC Price Performance

The company has a quick ratio of 0.89, a current ratio of 1.18 and a debt-to-equity ratio of 73.97. The company’s fifty day moving average is GBX 5,394.10 and its 200 day moving average is GBX 5,568.48. The firm has a market cap of £5.28 billion, a price-to-earnings ratio of 1,610.61, a PEG ratio of 4.37 and a beta of 0.74.

About DCC

DCC plc provides sales, marketing, and support services worldwide. The company operates through DCC Energy, DCC Healthcare, and DCC Technology segments. It sells and markets liquefied petroleum gas (LPG), refrigerants, and natural gas; markets, sells, and retails transport and commercial fuels, heating oils, and related products and services; operates retail petrol stations; resells fuel cards; distributes oil; and provides logistics services.