Distribution Finance Capital (LON:DFCH) Trading Down 0.5% – Here’s Why

Distribution Finance Capital Holdings plc (LON:DFCHGet Free Report) was down 0.5% during trading on Tuesday . The company traded as low as GBX 69.15 and last traded at GBX 70. Approximately 2,579,302 shares were traded during trading, an increase of 672% from the average session volume of 334,321 shares. The stock had previously closed at GBX 70.32.

Analyst Ratings Changes

Separately, Shore Capital Group reaffirmed 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 equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 90.

View Our Latest Analysis on DFCH

Distribution Finance Capital Price Performance

The firm’s 50-day moving average price is GBX 69.46 and its 200-day moving average price is GBX 62.42. The company has a market cap of £116.79 million, a price-to-earnings ratio of 8.45 and a beta of 0.87. 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

(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.

Further Reading

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