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

DCC plc (LON:DCC)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 5,287.24 ($65.59) and traded as low as GBX 5,270 ($65.38). DCC shares last traded at GBX 5,305 ($65.81), with a volume of 361,806 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 7,020 ($87.09) price objective on shares of DCC in a research note on Tuesday, November 12th.

DCC Stock Performance

The firm’s 50 day moving average price is GBX 5,360.02 and its two-hundred day moving average price is GBX 5,287.24. The firm has a market cap of £5.25 billion, a PE ratio of 1,607.58, a PEG ratio of 4.37 and a beta of 0.74. The company has a debt-to-equity ratio of 73.97, a quick ratio of 0.89 and a current ratio of 1.18.

DCC Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, November 21st were given a GBX 66.19 ($0.82) dividend. The ex-dividend date was Thursday, November 21st. This represents a yield of 1.33%. DCC’s payout ratio is 5,969.70%.

DCC Company Profile

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.