Distribution Finance Capital (LON:DFCH) Hits New 1-Year High – Here’s What Happened

Distribution Finance Capital Holdings plc (LON:DFCHGet Free Report) shares hit a new 52-week high on Monday . The stock traded as high as GBX 72 and last traded at GBX 71, with a volume of 165194 shares. The stock had previously closed at GBX 71.

Analyst Ratings Changes

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

Check Out Our Latest Report on DFCH

Distribution Finance Capital Stock Performance

The stock has a market capitalization of £116.79 million, a price-to-earnings ratio of 8.45 and a beta of 0.87. 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’s fifty day simple moving average is GBX 63.70 and its 200 day simple moving average is GBX 61.64.

Distribution Finance Capital Company Profile

(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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