DCC (OTCMKTS:DCCPF) Shares Down 3% – Here’s What Happened

Shares of DCC (OTCMKTS:DCCPF) were down 3% during mid-day trading on Thursday . The stock traded as low as $82.7450 and last traded at $82.7450. Approximately 554 shares changed hands during trading, an increase of 10% from the average session volume of 502 shares. The stock had previously closed at $85.32.

Wall Street Analyst Weigh In

Several brokerages have recently commented on DCCPF. Royal Bank Of Canada lowered DCC from an “outperform” rating to a “sector perform” rating in a research report on Thursday, April 30th. BNP Paribas Exane upgraded DCC to an “outperform” rating in a research report on Thursday, April 9th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of DCC in a research note on Wednesday, May 20th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, DCC presently has an average rating of “Hold”.

DCC Stock Down 3.0%

The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.20. The business has a 50 day moving average price of $80.53 and a two-hundred day moving average price of $70.23.

DCC Company Profile

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.