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Distribution Finance Capital (LON:DFCH) Trading 10% Higher - Should You Buy?

Distribution Finance Capital logo with Financial Services background

Distribution Finance Capital Holdings plc (LON:DFCH - Get Free Report) shot up 10% during mid-day trading on Thursday . The stock traded as high as GBX 44 ($0.59) and last traded at GBX 44 ($0.59). 377,742 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 544,143 shares. The stock had previously closed at GBX 40 ($0.54).

Distribution Finance Capital Stock Performance

The company's 50 day simple moving average is GBX 39.16 and its 200-day simple moving average is GBX 38.02. The firm has a market capitalization of £73.13 million, a PE ratio of 9.88 and a beta of 1.07.

Distribution Finance Capital Company Profile

(Get Free Report)

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.

Further Reading

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