Distribution Finance Capital (LON:DFCH) Trading Up 1.7% - Time to Buy?

Distribution Finance Capital Holdings plc (LON:DFCH - Get Free Report) shot up 1.7% during mid-day trading on Wednesday . The stock traded as high as GBX 40 ($0.55) and last traded at GBX 39.67 ($0.54). 785,516 shares changed hands during trading, an increase of 42% from the average session volume of 552,502 shares. The stock had previously closed at GBX 39 ($0.53).

Distribution Finance Capital Stock Up 3.8%

The firm has a market capitalization of £71.39 million, a PE ratio of 9.64 and a beta of 1.07. The firm's 50-day simple moving average is GBX 38.59 and its 200-day simple moving average is GBX 37.80.

Distribution Finance Capital (LON:DFCH - Get Free Report) last issued its quarterly earnings data on Wednesday, April 2nd. The company reported GBX 5.90 ($0.08) EPS for the quarter. Distribution Finance Capital had a net margin of 14.99% and a return on equity of 7.33%. On average, equities research analysts forecast that Distribution Finance Capital Holdings plc will post 2.29 earnings per share for the current year.

Insider Activity at Distribution Finance Capital

In other news, insider Carl D'Ammassa acquired 57,948 shares of the stock in a transaction dated Tuesday, April 8th. The stock was purchased at an average cost of GBX 34 ($0.46) per share, with a total value of £19,702.32 ($26,904.71). Company insiders own 18.06% of the company's stock.

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.