Distribution Finance Capital (LON:DFCH) Trading Down 1.7% – Here’s What Happened

Distribution Finance Capital Holdings plc (LON:DFCH)’s stock price traded down 1.7% during mid-day trading on Wednesday . The stock traded as low as GBX 59 and last traded at GBX 59. 201,072 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 380,964 shares. The stock had previously closed at GBX 60.

Distribution Finance Capital Trading Down 1.7%

The business has a 50 day moving average of GBX 62.07 and a 200 day moving average of GBX 54.92. The firm has a market capitalization of £96.81 million, a price-to-earnings ratio of 8.08 and a beta of 1.07. The company has a debt-to-equity ratio of 10.95, a current ratio of 0.14 and a quick ratio of 1.16.

Insider Activity

In other news, insider Mark Stephens purchased 9,415 shares of the business’s stock in a transaction that occurred on Thursday, December 18th. The shares were acquired at an average cost of GBX 50 per share, for a total transaction of £4,707.50. Also, insider Sameera Khaliq acquired 14,834 shares of Distribution Finance Capital stock in a transaction that occurred on Tuesday, January 27th. The shares were purchased at an average cost of GBX 66 per share, for a total transaction of £9,790.44. Insiders have bought a total of 32,812 shares of company stock valued at $1,946,448 over the last 90 days. Corporate insiders own 5.62% of the company’s stock.

About Distribution Finance Capital

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.