DCC (OTCMKTS:DCCPF) Shares Gap Up – What’s Next?

DCC (OTCMKTS:DCCPF) shares gapped up before the market opened on Thursday . The stock had previously closed at $57.80, but opened at $61.81. DCC shares last traded at $61.81, with a volume of 889 shares changing hands.

Analysts Set New Price Targets

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

DCC Stock 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 firm’s 50-day simple moving average is $63.62 and its 200 day simple moving average is $63.71.

DCC Company Profile

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.