Somewhat Positive News Coverage Somewhat Unlikely to Affect General Finance (GFN) Share Price
Press coverage about General Finance (NASDAQ:GFN) has trended somewhat positive this week, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. General Finance earned a daily sentiment score of 0.00 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 44.6994038752694 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- General Finance Co. (GFN) General Counsel Christopher A. Wilson Sells 2,623 Shares (americanbankingnews.com)
- Small-Cap Oil Company Ready to Break Out (investorideas.com)
- Notice to Annual General Meeting of Elite Asset Management Plc (forextv.com)
- Dollar General hires Etsy exec (nashvillepost.com)
- General Finance Co. (GFN) Expected to Announce Quarterly Sales of $76.30 Million (americanbankingnews.com)
General Finance (NASDAQ:GFN) traded up $0.05 during trading on Wednesday, hitting $7.20. 5,343 shares of the stock traded hands, compared to its average volume of 28,735. The company has a market capitalization of $191.06, a PE ratio of -65.45 and a beta of 1.13. The company has a debt-to-equity ratio of 3.88, a quick ratio of 1.07 and a current ratio of 1.59. General Finance has a 52-week low of $4.50 and a 52-week high of $7.50.
Several research firms have recently issued reports on GFN. DA Davidson reiterated a “buy” rating on shares of General Finance in a research report on Wednesday, February 7th. Zacks Investment Research upgraded shares of General Finance from a “sell” rating to a “hold” rating in a research report on Friday, November 17th. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. General Finance presently has an average rating of “Hold”.
In related news, major shareholder Neil Gagnon sold 20,872 shares of the business’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $7.47, for a total value of $155,913.84. Following the sale, the insider now owns 957,493 shares in the company, valued at $7,152,472.71. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Christopher A. Wilson sold 4,200 shares of the business’s stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $7.07, for a total transaction of $29,694.00. Following the completion of the sale, the general counsel now owns 100,552 shares in the company, valued at approximately $710,902.64. The disclosure for this sale can be found here. In the last quarter, insiders have sold 42,622 shares of company stock worth $314,067. Company insiders own 25.90% of the company’s stock.
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About General Finance
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 that include its four operating segments: the Asia-Pacific area, consisting of the leasing operations of Royal Wolf Holdings Limited and its Australian and New Zealand subsidiaries (Royal Wolf), and North America, consisting of the combined leasing operations of Pac-Van, Inc and its Canadian subsidiary, PV Acquisition Corp.
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