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Distribution Finance Capital (LON:DFCH) Trading 10.6% Higher - Time to Buy?

Distribution Finance Capital logo with Financial Services background

Distribution Finance Capital Holdings plc (LON:DFCH - Get Free Report) was up 10.6% 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 mid-day 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 company has a market capitalization of £81.84 million, a price-to-earnings ratio of 11.06 and a beta of 1.07. The firm has a 50-day simple moving average of GBX 40.48 and a two-hundred day simple moving average of GBX 38.49.

About Distribution Finance Capital

(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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