Distribution Finance Capital (LON:DFCH) Reaches New 1-Year High – Here’s Why

Shares of Distribution Finance Capital Holdings plc (LON:DFCH) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 61 and last traded at GBX 60.88, with a volume of 4147277 shares changing hands. The stock had previously closed at GBX 59.50.

Distribution Finance Capital Trading Up 2.3%

The company has a 50 day simple moving average of GBX 51.90 and a 200 day simple moving average of GBX 49.77. The stock has a market capitalization of £99.90 million, a PE ratio of 8.34 and a beta of 1.07.

Insider Transactions at Distribution Finance Capital

In other news, insider Mark Stephens acquired 10,204 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was bought at an average price of GBX 49 per share, for a total transaction of £4,999.96. Over the last 90 days, insiders have acquired 28,182 shares of company stock valued at $1,467,400. Insiders own 5.59% of the company’s stock.

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.