Distribution Finance Capital (LON:DFCH) Sets New 12-Month High – Here’s What Happened

Distribution Finance Capital Holdings plc (LON:DFCH)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 71.82 and last traded at GBX 71.82, with a volume of 4775883 shares. The stock had previously closed at GBX 68.50.

Analysts Set New Price Targets

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

Distribution Finance Capital Trading Up 0.7%

The firm has a market cap of £116.50 million, a P/E ratio of 8.45 and a beta of 0.87. The company’s 50 day moving average is GBX 59.82 and its two-hundred day moving average is GBX 59.91. 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.

Distribution Finance Capital Company Profile

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.