DCC (LON:DCC) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

DCC plc (LON:DCC)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 5,274.52 ($67.99) and traded as low as GBX 5,225 ($67.35). DCC shares last traded at GBX 5,235 ($67.48), with a volume of 416,993 shares changing hands.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 7,020 ($90.49) target price on shares of DCC in a report on Tuesday, November 12th.

DCC Stock Performance

The business has a fifty day simple moving average of GBX 5,320.30 and a two-hundred day simple moving average of GBX 5,274.52. The company has a quick ratio of 0.89, a current ratio of 1.31 and a debt-to-equity ratio of 77.99. The company has a market cap of £5.22 billion, a P/E ratio of 24.48, a P/E/G ratio of 4.37 and a beta of 0.74.

About DCC

DCC plc is a leading international sales, marketing and support services group operating in 22 countries, supplying products and services used by millions of people every day. Headquartered in Dublin, the Group operates across three sectors: energy, healthcare and technology, employing over 16,000 people.