Distribution Finance Capital shares set new 52-week high after profit upgrade
Distribution Finance Capital Holdings Plc hit a 52-week high Monday. Shares still trade under the most recent tangible book. Investors will watch the September interims and see if the June profit upgrade is enough to change estimates. The AIM-listed shares finished at 69p at 17:05 BST, rising 5.5p, or 8.66%. Volume was 537,280 shares. Google Finance put the stock’s average volume at 183,920, so Monday’s trading was nearly triple the usual pace. The day’s top price, 69p, was also the 52-week high.