General Finance Corporation (GFN) Earns Media Sentiment Score of 0.24

Media coverage about General Finance Corporation (NASDAQ:GFN) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. General Finance Corporation earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 46.1289308026511 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of General Finance Corporation (NASDAQ:GFN) remained flat at $4.85 during midday trading on Tuesday. 29,560 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $4.82 and its 200 day moving average is $5.04. The stock’s market cap is $128.23 million. General Finance Corporation has a one year low of $4.00 and a one year high of $5.90.

General Finance Corporation (NASDAQ:GFN) last posted its quarterly earnings data on Wednesday, May 10th. The business services provider reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.07) by $0.01. The firm had revenue of $68.46 million for the quarter, compared to the consensus estimate of $67.85 million. General Finance Corporation had a negative return on equity of 1.76% and a negative net margin of 1.81%. Analysts predict that General Finance Corporation will post ($0.26) earnings per share for the current fiscal year.

A number of equities analysts recently issued reports on the stock. ValuEngine raised shares of General Finance Corporation from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research lowered shares of General Finance Corporation from a “hold” rating to a “sell” rating in a research report on Monday, May 15th.

WARNING: “[[title]]” was first reported by [[site]] and is owned by of [[site]]. If you are accessing this report on another site, it was illegally stolen and reposted in violation of United States and international copyright and trademark legislation. The legal version of this report can be viewed at [[permalink]].

In related news, major shareholder Neil Gagnon sold 24,832 shares of the firm’s stock in a transaction dated Friday, June 30th. The stock was sold at an average price of $5.03, for a total value of $124,904.96. Following the sale, the insider now directly owns 963,102 shares of the company’s stock, valued at $4,844,403.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 25.80% of the company’s stock.

About General Finance Corporation

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.