Somewhat Positive Media Coverage Somewhat Unlikely to Impact General Finance (GFN) Share Price

News coverage about General Finance (NASDAQ:GFN) has been trending somewhat positive on Wednesday, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. General Finance earned a coverage optimism score of 0.04 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 46.1914428692841 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news stories that may have effected Accern Sentiment’s rankings:

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GFN has been the subject of a number of analyst reports. DA Davidson reissued a “buy” rating on shares of General Finance in a report on Wednesday, February 7th. ValuEngine raised General Finance from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Finally, Zacks Investment Research downgraded General Finance from a “strong-buy” rating to a “hold” rating in a report on Monday. Two analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Buy”.

Shares of GFN stock traded up $0.05 during trading hours on Wednesday, hitting $8.55. 14,584 shares of the company’s stock were exchanged, compared to its average volume of 41,470. The company has a debt-to-equity ratio of 3.88, a current ratio of 1.59 and a quick ratio of 1.07. The company has a market cap of $224.46, a price-to-earnings ratio of -34.20 and a beta of 1.16. General Finance has a fifty-two week low of $4.50 and a fifty-two week high of $8.65.

General Finance (NASDAQ:GFN) last announced its earnings results on Tuesday, February 6th. The business services provider reported $0.08 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.12. The business had revenue of $92.13 million during the quarter, compared to the consensus estimate of $78.80 million. General Finance had a return on equity of 0.39% and a net margin of 0.18%. analysts anticipate that General Finance will post -0.05 earnings per share for the current fiscal year.

In related news, General Counsel Christopher A. Wilson sold 4,200 shares of the stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $7.07, for a total value of $29,694.00. Following the completion of the transaction, the general counsel now directly owns 100,552 shares of the company’s stock, valued at approximately $710,902.64. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Neil Gagnon sold 5,721 shares of the stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $7.30, for a total value of $41,763.30. Following the completion of the transaction, the insider now directly owns 957,493 shares of the company’s stock, valued at $6,989,698.90. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 622,972 shares of company stock valued at $4,607,685. Corporate insiders own 25.90% of the company’s stock.

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About General Finance

General Finance Corporation, a specialty rental services company, provides portable storage, modular space, and liquid containment solutions in North America and the Asia-Pacific regions. Its portable storage products include storage containers used in classroom equipment storage, construction equipment and tool storage, disaster shelters, landscaping sheds, recreational equipment storage, and retail inventory storage applications; and freight containers used in freight transportation by road and rail.

Insider Buying and Selling by Quarter for General Finance (NASDAQ:GFN)

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