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

Distribution Finance Capital Holdings plc (LON:DFCHGet Free Report)’s share price was up 0.4% during mid-day trading on Thursday . The company traded as high as GBX 71 and last traded at GBX 70.80. 86,277 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 309,626 shares. The stock had previously closed at GBX 70.50.

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 research report on Friday, June 26th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Distribution Finance Capital has a consensus rating of “Buy” and an average target price of GBX 90.

View Our Latest Research Report on Distribution Finance Capital

Distribution Finance Capital Trading Up 0.4%

The stock’s fifty day simple moving average is GBX 63.35 and its two-hundred day simple moving average is GBX 61.56. The firm has a market cap of £116.18 million, a PE ratio of 8.43 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.

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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