Distribution Finance Capital (LON:DFCH) Hits New 52-Week High on Insider Buying Activity

Distribution Finance Capital Holdings plc (LON:DFCH)’s stock price hit a new 52-week high on Tuesday following insider buying activity. The stock traded as high as GBX 68 and last traded at GBX 67.40, with a volume of 514484 shares traded. The stock had previously closed at GBX 66.50.

Specifically, insider Sameera Khaliq bought 14,834 shares of the business’s stock in a transaction that occurred on Tuesday, January 27th. The shares were acquired at an average cost of GBX 66 per share, for a total transaction of £9,790.44.

Distribution Finance Capital Stock Performance

The company has a fifty day simple moving average of GBX 53.12 and a 200 day simple moving average of GBX 50.55. The stock has a market capitalization of £110.59 million, a price-to-earnings ratio of 9.23 and a beta of 1.07.

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.