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Distribution Finance Capital (LON:DFCH) Trading Up 1.1% - Here's What Happened

Distribution Finance Capital logo with Financial Services background

Key Points

  • Distribution Finance Capital (LON:DFCH) saw its stock price increase by 1.1%, trading at GBX 45.50 ($0.62) during mid-day trading on Friday.
  • The company reported a trading volume of 1,140,483 shares, which is a significant increase of 118% from its average session volume.
  • DF Capital has a market capitalization of £79.23 million and aims to support working capital needs for manufacturers and dealers in various sectors.
  • Need better tools to track Distribution Finance Capital? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Distribution Finance Capital Holdings plc (LON:DFCH - Get Free Report) shot up 1.1% on Friday . The company traded as high as GBX 46 ($0.62) and last traded at GBX 45.50 ($0.61). 1,140,483 shares were traded during trading, an increase of 118% from the average session volume of 523,912 shares. The stock had previously closed at GBX 45 ($0.61).

Distribution Finance Capital Price Performance

The stock has a 50 day simple moving average of GBX 43.44 and a two-hundred day simple moving average of GBX 39.45. The company has a market cap of £81.84 million, a price-to-earnings ratio of 11.06 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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