DCC (LON:DCC) Sets New 12-Month High – Here’s Why

DCC plc (LON:DCC)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as £508.25 ($659.89) and last traded at GBX 5,090 ($66.09), with a volume of 182113 shares changing hands. The stock had previously closed at GBX 5,120 ($66.48).

Analysts Set New Price Targets

Separately, Royal Bank of Canada raised shares of DCC to an “outperform” rating and boosted their target price for the company from GBX 5,700 ($74.01) to GBX 5,800 ($75.31) in a research note on Thursday, August 15th.

DCC Stock Performance

The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 73.97. The stock has a market cap of £5.03 billion, a PE ratio of 1,551.52, a P/E/G ratio of 4.37 and a beta of 0.74. The business’s 50-day moving average price is GBX 5,186.11 and its 200-day moving average price is GBX 5,454.38.

DCC Company Profile

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.