Distribution Finance Capital (LON:DFCH) Hits New 12-Month High – What’s Next?

Distribution Finance Capital Holdings plc (LON:DFCH)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as GBX 70 and last traded at GBX 70, with a volume of 447409 shares. The stock had previously closed at GBX 67.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reaffirmed a “buy” rating and set a GBX 90 target price on shares of Distribution Finance Capital in a report on Friday, June 26th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, Distribution Finance Capital presently has an average rating of “Buy” and an average target price of GBX 90.

Distribution Finance Capital Price Performance

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 stock has a market cap of £114.86 million, a P/E ratio of 8.33 and a beta of 0.87. The company’s 50 day simple moving average is GBX 58.59 and its 200 day simple moving average is GBX 59.25.

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.