DCC (OTCMKTS:DCCPF) Reaches New 12-Month Low – Time to Sell?

DCC (OTCMKTS:DCCPF)’s share price hit a new 52-week low on Friday . The company traded as low as $57.80 and last traded at $57.80, with a volume of 909 shares traded. The stock had previously closed at $68.49.

Wall Street Analysts Forecast Growth

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

DCC Stock Performance

The business has a 50-day moving average price of $63.79 and a 200-day moving average price of $63.87. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.08 and a current ratio of 1.40.

About DCC

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.