Distribution Finance Capital (LON:DFCH) Hits New 52-Week High – Still a Buy?

Distribution Finance Capital Holdings plc (LON:DFCH) shares hit a new 52-week high during trading on Monday . The stock traded as high as GBX 72 and last traded at GBX 71, with a volume of 165194 shares traded. The stock had previously closed at GBX 71.

Wall Street Analyst Weigh In

Separately, Shore Capital Group restated a “buy” rating and set a GBX 90 price objective on shares of Distribution Finance Capital in a report on Friday, June 26th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Distribution Finance Capital currently has a consensus rating of “Buy” and a consensus price target of GBX 90.

Distribution Finance Capital Stock Performance

The company has a quick ratio of 1.16, a current ratio of -20,564.14 and a debt-to-equity ratio of 13.69. The company has a market cap of £116.79 million, a P/E ratio of 8.45 and a beta of 0.87. The business has a 50-day moving average price of GBX 63.70 and a two-hundred day moving average price of GBX 61.64.

About Distribution Finance Capital

DF Capital is a speciality lender providing flexible financing solutions that support the sales and growth of manufacturers, dealers and distributors operating in attractive underserved retail markets across the UK.

Today, DF Capital supports roughly 1,500 dealers and 100 manufacturers, across the leisure, commercial and powersports sectors and recently launched its asset finance proposition, giving DF Capital access to larger adjacent markets and positioning the group firmly as a multi-product lender.

As a bank, DF Capital’s lending is supported by its award-winning savings products, scalable digital platform, and commitment to exceptional customer service, serving approximately 14,000 customers through its Manchester-based support team.

DF Capital’s goal is simple: to do the best for its customers, its communities, and its people.