DCC plc (LON:DCC - Get Free Report)'s stock price traded down 1.8% during mid-day trading on Wednesday . The company traded as low as GBX 5,450 ($69.08) and last traded at GBX 5,451.09 ($69.10). 459,769 shares were traded during mid-day trading, an increase of 78% from the average session volume of 258,001 shares. The stock had previously closed at GBX 5,550 ($70.35).
Wall Street Analysts Forecast Growth
DCC has been the subject of several research analyst reports. Royal Bank of Canada upgraded shares of DCC to an "outperform" rating and upped their price objective for the company from GBX 5,700 ($72.25) to GBX 5,800 ($73.52) in a research note on Thursday, August 15th. Berenberg Bank reissued a "buy" rating and issued a GBX 7,020 ($88.98) price objective on shares of DCC in a research note on Tuesday, November 12th.
Read Our Latest Report on DCC
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 firm has a market capitalization of £5.39 billion, a PE ratio of 1,651.52, a P/E/G ratio of 4.37 and a beta of 0.74. The company has a 50-day moving average price of GBX 5,268.27 and a 200-day moving average price of GBX 5,398.49.
DCC Cuts Dividend
The company also recently announced a dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 21st will be issued a GBX 66.19 ($0.84) dividend. The ex-dividend date is Thursday, November 21st. This represents a yield of 1.33%. DCC's dividend payout ratio (DPR) is 5,969.70%.
DCC Company Profile
(
Get Free Report)
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.
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