Distribution Finance Capital (LON:DFCH) Sets New 52-Week High – Should You Buy?

Shares of Distribution Finance Capital Holdings plc (LON:DFCH) reached a new 52-week high on Monday . The company traded as high as GBX 72 and last traded at GBX 71, with a volume of 165194 shares changing hands. The stock had previously closed at GBX 71.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reissued a “buy” rating and issued a GBX 90 price target 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.com, Distribution Finance Capital currently has a consensus rating of “Buy” and an average price target of GBX 90.

Distribution Finance Capital Stock Performance

The company’s 50-day simple moving average is GBX 64.42 and its 200 day simple moving average is GBX 61.79. The stock has a market cap of £118.10 million, a P/E ratio of 8.55 and a beta of 0.87. The company has a current ratio of -20,564.14, a quick ratio of 1.16 and a debt-to-equity ratio of 13.69.

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.