DCC (OTCMKTS:DCCPF) Shares Gap Up – Still a Buy?

DCC (OTCMKTS:DCCPF)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $78.52, but opened at $85.32. DCC shares last traded at $85.32, with a volume of 200 shares trading hands.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on DCCPF shares. BNP Paribas Exane raised DCC to an “outperform” rating in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of DCC in a research note on Wednesday, May 20th. Finally, Royal Bank Of Canada cut 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 company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

DCC Price Performance

The company has a quick ratio of 1.08, a current ratio of 1.40 and a debt-to-equity ratio of 0.70. The stock has a fifty day moving average price of $72.26 and a 200-day moving average price of $66.46.

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.