Distribution Finance Capital (LON:DFCH) Shares Up 1.4% – Here’s Why

Shares of Distribution Finance Capital Holdings plc (LON:DFCH) were up 1.4% on Tuesday . The stock traded as high as GBX 36 ($0.48) and last traded at GBX 35 ($0.47). Approximately 19,913,846 shares traded hands during mid-day trading, an increase of 1,972% from the average daily volume of 961,192 shares. The stock had previously closed at GBX 34.50 ($0.46).

Distribution Finance Capital Trading Up 1.4 %

The company has a market capitalization of £60.94 million, a price-to-earnings ratio of 8.23 and a beta of 1.07. The firm has a 50-day simple moving average of GBX 36.22 and a two-hundred day simple moving average of GBX 35.36.

Distribution Finance Capital (LON:DFCH) last released 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 return on equity of 7.33% and a net margin of 14.99%. On average, sell-side 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 related news, insider Carl D’Ammassa acquired 57,948 shares of the stock in a transaction dated Tuesday, April 8th. The shares were acquired at an average price of GBX 34 ($0.46) per share, with a total value of £19,702.32 ($26,424.79). 18.06% of the stock is owned by company insiders.

About Distribution Finance Capital

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.