Distribution Finance Capital Holdings plc (LON:DFCH – Get Free Report) traded down 0.2% during trading on Wednesday. The stock traded as low as GBX 70 and last traded at GBX 70.88. Approximately 11,265 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 317,774 shares. The stock had previously closed at GBX 71.
Analyst Upgrades and Downgrades
Separately, Shore Capital Group increased their price target on shares of Distribution Finance Capital from GBX 90 to GBX 94 and gave the stock a “buy” rating in a research note on Thursday, September 10th. One investment analyst has rated the stock with a Buy rating. According to MarketBeat.com, Distribution Finance Capital currently has an average rating of “Buy” and a consensus price target of GBX 94.
Read Our Latest Research Report on Distribution Finance Capital
Distribution Finance Capital Stock Down 0.8%
The firm’s 50-day simple moving average is GBX 72.44 and its 200-day simple moving average is GBX 65.09. The company has a debt-to-equity ratio of 16.66, a quick ratio of 1.16 and a current ratio of -27,041.00. The company has a market capitalization of £115.43 million, a price-to-earnings ratio of 6.67 and a beta of 0.87.
Distribution Finance Capital (LON:DFCH – Get Free Report) last issued its earnings results on Thursday, September 10th. The company reported GBX 6 EPS for the quarter. Distribution Finance Capital had a return on equity of 13.97% and a net margin of 17.97%. Sell-side analysts forecast that Distribution Finance Capital Holdings plc will post 2.29 earnings per share for the current year.
Insiders Place Their Bets
In related news, insider Sameera Khaliq acquired 20,621 shares of the firm’s stock in a transaction on Monday, October 12th. The shares were purchased at an average price of GBX 73 per share, with a total value of £15,053.33. Also, insider Mark Stephens purchased 13,345 shares of the firm’s stock in a transaction dated Monday, September 28th. The shares were bought at an average cost of GBX 75 per share, for a total transaction of £10,008.75. Company insiders own 5.62% of the company’s stock.
Distribution Finance Capital Company Profile
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.
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