DCC (LON:DCC) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

Shares of DCC plc (LON:DCC) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 4,829.57 and traded as low as GBX 4,574. DCC shares last traded at GBX 4,588, with a volume of 523,656 shares.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on DCC shares. Berenberg Bank restated a “buy” rating and set a GBX 6,300 price target on shares of DCC in a report on Thursday, February 5th. UBS Group reiterated a “buy” rating and set a GBX 6,500 price objective on shares of DCC in a report on Friday, January 23rd. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 5,400 price objective on shares of DCC in a research report on Tuesday, January 27th. Finally, Panmure Gordon restated a “hold” rating and issued a GBX 4,708 target price on shares of DCC in a research note on Monday, January 19th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, DCC has an average rating of “Moderate Buy” and a consensus price target of GBX 5,673.83.

DCC Stock Performance

The stock’s 50-day moving average price is GBX 4,797.74 and its 200 day moving average price is GBX 4,829.57. The company has a quick ratio of 0.89, a current ratio of 1.36 and a debt-to-equity ratio of 85.00. The company has a market cap of £3.92 billion, a P/E ratio of -60.56, a price-to-earnings-growth ratio of 4.37 and a beta of 0.59.

About DCC

DCC is a customer-focused energy business, specialising in the sales, marketing, and distribution of secure, cleaner and competitive energy solutions to commercial, industrial, domestic, and transport customers. Headquartered in Dublin, DCC is listed on the London Stock Exchange and is a constituent of the FTSE 100.