DCC (LON:DCC) Stock Passes Below 200 Day Moving Average – What’s Next?

DCC plc (LON:DCC) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 5,403.01 ($70.33) and traded as low as GBX 4,910 ($63.92). DCC shares last traded at GBX 4,910 ($63.92), with a volume of 465,368 shares.

Analyst Ratings Changes

Separately, Royal Bank of Canada raised DCC to an “outperform” rating and boosted their price objective for the company from GBX 5,700 ($74.20) to GBX 5,800 ($75.50) in a research note on Thursday, August 15th.

DCC Stock Performance

The company has a debt-to-equity ratio of 73.97, a quick ratio of 0.89 and a current ratio of 1.18. The company’s 50 day moving average price is GBX 5,137.63 and its 200-day moving average price is GBX 5,398.41. The company has a market cap of £4.79 billion, a PE ratio of 1,469.09, a price-to-earnings-growth 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.