Distribution Finance Capital (LON:DFCH) Trading Up 0.9% - Here's What Happened

Key Points

• Shares of Distribution Finance Capital Holdings plc rose by 0.9%, trading at GBX 47.44 following a decline in trading volume by 98% compared to the average session.
• The company has a market capitalization of £82.61 million and a price-to-earnings ratio of 11.16, indicating a stable financial profile.
• Since receiving full bank authorization in September 2020, DF Capital has supported over £1.2 billion in distribution and inventory finance across various sectors.

Distribution Finance Capital Holdings plc (LON:DFCH - Get Free Report)'s stock price was up 0.9% during trading on Thursday . The stock traded as high as GBX 48 ($0.64) and last traded at GBX 47.44 ($0.63). Approximately 8,902 shares changed hands during trading, a decline of 98% from the average daily volume of 566,825 shares. The stock had previously closed at GBX 47 ($0.62).

Distribution Finance Capital Stock Up 6.0%

The firm has a market capitalization of £81.84 million, a price-to-earnings ratio of 11.06 and a beta of 1.07. The company's 50 day moving average price is GBX 41.30 and its 200 day moving average price is GBX 38.80.

Distribution Finance Capital Company Profile

DF Capital was founded in 2016 to support the working capital needs of manufacturers and UK dealers. Today, having received full authorisation as a bank in September 2020, we work with over 90 manufacturers and over 1,250 dealers in the leisure, commercial and powersports sectors. In 2023, we provided over £1.2bn of distribution and inventory finance across these sectors.