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

DCC (OTCMKTS:DCCPF) gapped up prior to trading on Friday . The stock had previously closed at $58.22, but opened at $60.6687. DCC shares last traded at $60.6687, with a volume of 126 shares changing hands.

Analysts Set New Price Targets

Separately, Morgan Stanley cut DCC from an “overweight” rating to a “cautious” rating in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

DCC Stock Performance

The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.08 and a current ratio of 1.40. The company’s fifty day simple moving average is $62.64 and its two-hundred day simple moving average is $63.57.

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.