DCC (OTCMKTS:DCCPF) Shares Gap Up – Should You Buy?

DCC (OTCMKTS:DCCPF) shares 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 trading hands.

Analysts Set New Price Targets

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

DCC Stock Performance

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

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.