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

DCC (OTCMKTS:DCCPF)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $57.80, but opened at $61.81. DCC shares last traded at $61.81, with a volume of 889 shares.

Wall Street Analyst Weigh In

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

DCC Stock Up 6.9%

The company has a fifty day moving average of $63.62 and a 200-day moving average of $63.71. 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.