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

DCC plc (LON:DCC) 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 traded.

Wall Street Analysts Forecast Growth

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

DCC Price Performance

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 firm has a 50 day moving average price of GBX 5,320.30 and a 200 day moving average price of GBX 5,274.52. The stock 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.