DCC (OTCMKTS:DCCPF) Hits New 12-Month High – Here’s Why

DCC (OTCMKTS:DCCPF) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $85.64 and last traded at $85.64, with a volume of 365 shares traded. The stock had previously closed at $81.15.

Analysts Set New Price Targets

Several research analysts have commented on the stock. BNP Paribas Exane raised shares of DCC to an “outperform” rating in a research note on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of DCC in a report on Tuesday, July 28th. Finally, Royal Bank Of Canada cut shares of DCC from an “outperform” rating to a “sector perform” rating in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

DCC Price Performance

The company has a current ratio of 1.20, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83. The stock’s fifty day moving average is $81.37 and its 200 day moving average is $71.74.

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.