DCC (LON:DCC) Stock Crosses Above 200-Day Moving Average – Time to Sell?

DCC plc (LON:DCC) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4,932.21 and traded as high as GBX 5,985. DCC shares last traded at GBX 5,885, with a volume of 25,528,213 shares.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Panmure Gordon reaffirmed a “hold” rating and set a GBX 4,708 price target on shares of DCC in a research report on Monday, January 19th. UBS Group reiterated a “buy” rating and issued a GBX 6,500 price target on shares of DCC in a report on Friday, January 23rd. Jefferies Financial Group reissued a “buy” rating and set a GBX 6,100 price objective on shares of DCC in a research note on Thursday, April 30th. Berenberg Bank restated a “buy” rating and set a GBX 6,300 price objective on shares of DCC in a report on Thursday, February 5th. Finally, Royal Bank Of Canada raised DCC to a “sector perform” rating and increased their target price for the stock from GBX 5,400 to GBX 6,500 in a research report on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 5,891.86.

DCC Trading Down 1.2%

The stock has a market capitalization of £5.03 billion, a price-to-earnings ratio of -77.68, a P/E/G ratio of 4.37 and a beta of 0.71. The company has a debt-to-equity ratio of 85.00, a quick ratio of 0.89 and a current ratio of 1.36. The firm has a fifty day moving average of GBX 5,072.90 and a 200-day moving average of GBX 4,932.21.

About DCC

DCC is a customer-focused energy business, specialising in the sales, marketing, and distribution of secure, cleaner and competitive energy solutions to commercial, industrial, domestic, and transport customers. Headquartered in Dublin, DCC is listed on the London Stock Exchange and is a constituent of the FTSE 100.