General Finance (NASDAQ:GFN) will announce its earnings results before the market opens on Tuesday, November 6th.
GFN opened at $13.42 on Friday. General Finance has a fifty-two week low of $5.25 and a fifty-two week high of $16.15. The company has a debt-to-equity ratio of 4.20, a current ratio of 1.56 and a quick ratio of 1.12. The firm has a market capitalization of $406.09 million, a price-to-earnings ratio of 223.67, a PEG ratio of 5.30 and a beta of 1.33.
Separately, Zacks Investment Research raised shares of General Finance from a “hold” rating to a “strong-buy” rating and set a $16.00 price objective for the company in a report on Friday, September 7th.
In related news, major shareholder Ronald L. Havner, Jr. bought 13,928 shares of the business’s stock in a transaction dated Friday, August 10th. The stock was acquired at an average price of $13.49 per share, with a total value of $187,888.72. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Ronald L. Havner, Jr. bought 5,024 shares of the business’s stock in a transaction dated Wednesday, August 8th. The shares were bought at an average cost of $13.28 per share, with a total value of $66,718.72. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 130,717 shares of company stock valued at $1,782,007 and sold 233,818 shares valued at $3,353,946. 23.00% of the stock is currently owned by insiders.
An institutional investor recently bought a new position in General Finance stock. Bank of New York Mellon Corp bought a new position in shares of General Finance Co. (NASDAQ:GFN) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 23,953 shares of the business services provider’s stock, valued at approximately $325,000. Bank of New York Mellon Corp owned approximately 0.09% of General Finance as of its most recent SEC filing. Institutional investors own 20.91% of the company’s stock.
General Finance Company Profile
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.
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