News articles about General Finance (NASDAQ:GFN) have trended somewhat negative this week, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. General Finance earned a news sentiment score of -0.02 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 41.3665330383867 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
GFN stock traded up $0.05 during midday trading on Friday, reaching $7.40. 17,670 shares of the company’s stock traded hands, compared to its average volume of 23,078. The company has a market capitalization of $196.41, a price-to-earnings ratio of -67.27 and a beta of 1.13. General Finance has a 1 year low of $4.50 and a 1 year high of $7.50. The company has a debt-to-equity ratio of 3.88, a current ratio of 1.59 and a quick ratio of 1.07.
General Finance (NASDAQ:GFN) last released its quarterly earnings results on Tuesday, February 6th. The business services provider reported $0.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.12. General Finance had a net margin of 0.18% and a return on equity of 0.39%. The business had revenue of $92.13 million for the quarter, compared to the consensus estimate of $78.80 million. sell-side analysts expect that General Finance will post -0.05 EPS for the current fiscal year.
In related news, major shareholder Neil Gagnon sold 20,872 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the insider now owns 957,493 shares in the company, valued at approximately $7,152,472.71. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, General Counsel Christopher A. Wilson sold 6,361 shares of the firm’s stock in a transaction that occurred on Friday, March 16th. The stock was sold at an average price of $7.23, for a total transaction of $45,990.03. Following the transaction, the general counsel now owns 99,752 shares of the company’s stock, valued at approximately $721,206.96. The disclosure for this sale can be found here. Insiders sold 78,906 shares of company stock valued at $581,114 in the last three months. 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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