DCC (LON:DCC) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

DCC plc (LON:DCC)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 5,495.33 ($71.92) and traded as low as GBX 5,040 ($65.96). DCC shares last traded at GBX 5,040 ($65.96), with a volume of 585,553 shares.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada raised shares of DCC to an “outperform” rating and increased their price objective for the company from GBX 5,700 ($74.60) to GBX 5,800 ($75.91) in a report on Thursday, August 15th.

DCC Price Performance

The company has a debt-to-equity ratio of 73.97, a current ratio of 1.18 and a quick ratio of 0.89. The stock has a market capitalization of £5.03 billion, a price-to-earnings ratio of 1,527.27, a price-to-earnings-growth ratio of 4.37 and a beta of 0.74. The stock has a 50 day moving average price of GBX 5,221.70 and a 200-day moving average price of GBX 5,495.33.

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.