Distribution Finance Capital (LON:DFCH) Trading 11.6% Higher – Here’s What Happened

Distribution Finance Capital Holdings plc (LON:DFCHGet Free Report) shares rose 11.6% on Friday . The company traded as high as GBX 67 and last traded at GBX 66.40. 2,128,634 shares changed hands during trading, an increase of 691% from the average daily volume of 269,260 shares. The stock had previously closed at GBX 59.50.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reaffirmed a “buy” rating and set a GBX 90 price target on shares of Distribution Finance Capital in a research note on Friday. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 90.

View Our Latest Stock Analysis on DFCH

Distribution Finance Capital Stock Performance

The company has a debt-to-equity ratio of 13.69, a current ratio of -20,564.14 and a quick ratio of 1.16. The stock has a fifty day moving average price of GBX 57.37 and a two-hundred day moving average price of GBX 58.12. The company has a market cap of £108.96 million, a P/E ratio of 7.90 and a beta of 0.88.

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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