Distribution Finance Capital (LON:DFCH) Stock Price Up 1.4% – Still a Buy?

Distribution Finance Capital Holdings plc (LON:DFCH) was up 1.4% during trading 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 Price Performance

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 business has a fifty day moving average price of GBX 36.22 and a 200 day moving average price of GBX 35.36.

Distribution Finance Capital (LON:DFCH) last issued its quarterly earnings results on Wednesday, April 2nd. The company reported GBX 5.90 ($0.08) earnings per share for the quarter. Distribution Finance Capital had a net margin of 14.99% and a return on equity of 7.33%. As a group, sell-side analysts predict that Distribution Finance Capital Holdings plc will post 2.29 earnings per share for the current fiscal year.

Insider Transactions at Distribution Finance Capital

In related news, insider Carl D’Ammassa purchased 57,948 shares of the stock in a transaction on Tuesday, April 8th. The shares were purchased at an average cost of GBX 34 ($0.46) per share, for a total transaction of £19,702.32 ($26,424.79). 18.06% of the stock is owned by insiders.

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.