Distribution Finance Capital (LON:DFCH) Trading 0.4% Higher – Time to Buy?

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

Analyst Ratings Changes

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

Check Out Our Latest Report on Distribution Finance Capital

Distribution Finance Capital Stock Up 0.4%

The company has a 50-day moving average of GBX 63.35 and a two-hundred day moving average of GBX 61.56. 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 company has a market capitalization of £116.18 million, a PE ratio of 8.43 and a beta of 0.87.

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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