Distribution Finance Capital (LON:DFCH) Shares Up 0.4% – Here’s What Happened

Distribution Finance Capital Holdings plc (LON:DFCHGet Free Report) shares were up 0.4% during trading on Thursday . The company traded as high as GBX 71 and last traded at GBX 70.80. Approximately 86,277 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 309,626 shares. The stock had previously closed at GBX 70.50.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reiterated a “buy” rating and issued a GBX 90 price objective on shares of Distribution Finance Capital in a research report on Friday, June 26th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of GBX 90.

Get Our Latest Analysis on Distribution Finance Capital

Distribution Finance Capital Price Performance

The stock’s 50-day simple moving average is GBX 63.70 and its 200 day simple moving average is GBX 61.63. The company has a quick ratio of 1.16, a current ratio of -20,564.14 and a debt-to-equity ratio of 13.69. The company has a market cap of £116.79 million, a price-to-earnings ratio of 8.45 and a beta of 0.87.

About Distribution Finance Capital

(Get Free Report)

DF Capital is a speciality lender providing flexible financing solutions that support the sales and growth of manufacturers, dealers and distributors operating in attractive underserved retail markets across the UK.

Today, DF Capital supports roughly 1,500 dealers and 100 manufacturers, across the leisure, commercial and powersports sectors and recently launched its asset finance proposition, giving DF Capital access to larger adjacent markets and positioning the group firmly as a multi-product lender.

As a bank, DF Capital’s lending is supported by its award-winning savings products, scalable digital platform, and commitment to exceptional customer service, serving approximately 14,000 customers through its Manchester-based support team.

DF Capital’s goal is simple: to do the best for its customers, its communities, and its people.

Further Reading

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