DCC (LON:DCC) Shares Pass Below Two Hundred Day Moving Average of $5,671.68

DCC plc (LON:DCCGet Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 5,671.68 ($71.74) and traded as low as GBX 5,575 ($70.52). DCC shares last traded at GBX 5,575 ($70.52), with a volume of 110,157 shares.

Analysts Set New Price Targets

Several analysts have recently commented on the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 6,700 ($84.75) target price on shares of DCC in a research report on Thursday, June 6th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 7,000 ($88.54) price objective on shares of DCC in a research report on Tuesday, May 7th. Finally, Royal Bank of Canada upped their target price on shares of DCC from GBX 5,700 ($72.10) to GBX 5,800 ($73.36) and gave the company a “sector perform” rating in a research note on Wednesday, May 15th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 6,252.40 ($79.08).

View Our Latest Research Report on DCC

DCC Trading Up 0.6 %

The company has a quick ratio of 0.89, a current ratio of 1.18 and a debt-to-equity ratio of 73.97. The firm has a market capitalization of ¬£5.51 billion, a price-to-earnings ratio of 1,689.39, a price-to-earnings-growth ratio of 4.37 and a beta of 0.74. The business’s fifty day moving average is GBX 5,662.60 and its 200 day moving average is GBX 5,671.68.

DCC Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, July 18th. Investors of record on Thursday, May 23rd will be given a GBX 133.53 ($1.69) dividend. The ex-dividend date is Thursday, May 23rd. This represents a yield of 2.26%. This is an increase from DCC’s previous dividend of $63.04. DCC’s dividend payout ratio (DPR) is 5,969.70%.

Insider Activity

In related news, insider Kevin Lucey sold 2,040 shares of the business’s stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of GBX 5,610 ($70.96), for a total transaction of ¬£114,444 ($144,755.88). 0.21% of the stock is currently owned by insiders.

About DCC

(Get Free Report)

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.

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