Distribution Finance Capital (LON:DFCH) Stock Price Up 8.7% – Still a Buy?

Distribution Finance Capital Holdings plc (LON:DFCH) shares traded up 8.7% during trading on Monday . The stock traded as high as GBX 69 and last traded at GBX 69. Approximately 537,274 shares were traded during trading, an increase of 98% from the average daily volume of 271,896 shares. The stock had previously closed at GBX 63.50.

Wall Street Analysts Forecast Growth

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

Distribution Finance Capital Trading Up 8.7%

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. The stock has a market capitalization of £113.22 million, a PE ratio of 8.21 and a beta of 0.87. The stock has a 50 day moving average price of GBX 57.93 and a 200-day moving average price of GBX 58.73.

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.