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

Shares of Distribution Finance Capital Holdings plc (LON:DFCH) reached a new 52-week high 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 reissued a “buy” rating and set a GBX 90 target price on shares of Distribution Finance Capital in a research note on Friday, June 26th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 90.

Distribution Finance Capital Trading Up 4.5%

The company has a market capitalization of £114.86 million, a price-to-earnings ratio of 8.33 and a beta of 0.87. The firm has a 50-day moving average price of GBX 58.81 and a 200-day moving average price of GBX 59.33. 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.

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.