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Distribution Finance Capital (LON:DFCH) Stock Price Up 10.6% - Time to Buy?

Distribution Finance Capital logo with Financial Services background

Distribution Finance Capital Holdings plc (LON:DFCH - Get Free Report)'s share price was up 10.6% during trading on Tuesday . The stock traded as high as GBX 47 ($0.63) and last traded at GBX 47 ($0.63). Approximately 9,501,678 shares traded hands during trading, an increase of 1,521% from the average daily volume of 586,023 shares. The stock had previously closed at GBX 42.50 ($0.57).

Distribution Finance Capital Stock Performance

The firm's 50-day simple moving average is GBX 40.13 and its 200 day simple moving average is GBX 38.36. The company has a market cap of £80.39 million, a P/E ratio of 10.86 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.

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