DCC (OTCMKTS:DCCPF) Shares Gap Up – Here’s Why

DCC (OTCMKTS:DCCPF – Get Free Report) shares 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.

Analyst Ratings Changes

Several equities research analysts recently weighed in on DCCPF shares. Royal Bank Of Canada downgraded shares of DCC from an “outperform” rating to a “sector perform” rating in a research note on Thursday, April 30th. BNP Paribas Exane raised shares of DCC to an “outperform” rating in a research note on Thursday, April 9th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of DCC in a research note on Wednesday, May 20th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold”.

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DCC Stock Up 8.2%

The company has a current ratio of 1.40, a quick ratio of 1.08 and a debt-to-equity ratio of 0.70. The firm’s fifty day simple moving average is $71.32 and its 200 day simple moving average is $66.15.

DCC Company Profile

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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.

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