Distribution Finance Capital (LON:DFCH) Reaches New 1-Year High – Still a Buy?

Distribution Finance Capital Holdings plc (LON:DFCH – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 77.85 and last traded at GBX 76, with a volume of 647697 shares trading hands. The stock had previously closed at GBX 75.20.

Wall Street Analyst Weigh In

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

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Read Our Latest Stock Analysis on DFCH

Distribution Finance Capital Trading Up 1.1%

The stock has a market cap of £125.01 million, a P/E ratio of 9.05 and a beta of 0.87. The company has a current ratio of -20,564.14, a quick ratio of 1.16 and a debt-to-equity ratio of 13.69. The stock’s fifty day moving average price is GBX 70 and its 200 day moving average price is GBX 62.57.

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.

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