DCC (LON:DCC) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

DCC plc (LON:DCC) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 5,430.28 ($70.42) and traded as low as GBX 5,015 ($65.04). DCC shares last traded at GBX 5,040 ($65.36), with a volume of 141,375 shares traded.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada raised shares of DCC to an “outperform” rating and lifted their target price for the company from GBX 5,700 ($73.92) to GBX 5,800 ($75.22) in a report on Thursday, August 15th.

DCC Stock Up 0.9 %

The company has a market capitalization of £4.89 billion, a price-to-earnings ratio of 1,503.64, a PEG ratio of 4.37 and a beta of 0.74. 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 firm’s 50 day simple moving average is GBX 5,174.39 and its 200-day simple moving average is GBX 5,419.68.

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.