General Finance Corp. (GFN) CEO Purchases $22,617.50 in Stock
General Finance Corp. (NASDAQ:GFN) CEO Ronald Valenta purchased 5,450 shares of the company’s stock in a transaction on Tuesday, November 15th. The shares were purchased at an average cost of $4.15 per share, with a total value of $22,617.50. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Ronald Valenta also recently made the following trade(s):
- On Wednesday, November 16th, Ronald Valenta purchased 2,550 shares of General Finance Corp. stock. The shares were purchased at an average cost of $4.15 per share, with a total value of $10,582.50.
- On Friday, October 21st, Ronald Valenta acquired 8,000 shares of General Finance Corp. stock. The stock was bought at an average price of $4.25 per share, for a total transaction of $34,000.00.
General Finance Corp. (NASDAQ:GFN) traded down 3.61% on Wednesday, hitting $4.00. The stock had a trading volume of 11,489 shares. The company’s 50 day moving average price is $4.24 and its 200 day moving average price is $4.29. General Finance Corp. has a 52-week low of $3.50 and a 52-week high of $5.38. The firm’s market cap is $105.15 million.
General Finance Corp. (NASDAQ:GFN) last issued its quarterly earnings results on Monday, November 7th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.07) by $0.01. General Finance Corp. had a positive return on equity of 0.22% and a negative net margin of 1.92%. Analysts expect that General Finance Corp. will post ($0.18) EPS for the current year.
Several research firms have recently commented on GFN. Zacks Investment Research downgraded General Finance Corp. from a “hold” rating to a “sell” rating in a report on Friday, September 9th. DA Davidson reiterated a “buy” rating and issued a $6.00 price objective on shares of General Finance Corp. in a report on Tuesday, November 8th.
About General Finance Corp.
General Finance Corporation is a specialty rental services company. The Company offers a range of portable storage units, including its core 20-feet and 40-feet steel containers, office container, mobile office and modular space products and steel tanks. It has two geographic areas, which include the Asia-Pacific (Pan-Pacific) area and North America.
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