DCC (LON:DCC) Stock Crosses Below 200 Day Moving Average of $5,568.48

DCC plc (LON:DCC) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 5,568.48 ($73.22) and traded as low as GBX 5,290 ($69.56). DCC shares last traded at GBX 5,315 ($69.89), with a volume of 109,251 shares changing hands.

Analyst Ratings Changes

Several brokerages have weighed in on DCC. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 6,700 ($88.10) price objective on shares of DCC in a report on Thursday, June 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 7,000 ($92.04) price objective on shares of DCC in a report on Tuesday, May 7th. Finally, Royal Bank of Canada raised DCC to an “outperform” rating and lifted their price objective for the company from GBX 5,700 ($74.95) to GBX 5,800 ($76.27) in a report on Thursday, August 15th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 6,252.40 ($82.21).

DCC Price Performance

The business has a 50-day simple moving average of GBX 5,388.30 and a 200 day simple moving average of GBX 5,566.26. The stock has a market cap of £5.18 billion, a P/E ratio of 1,607.58, a price-to-earnings-growth ratio of 4.37 and a beta of 0.74. The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 73.97.

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.