General Finance Corporation (GFN) is Initiated by Singular Research to “Buy”

General Finance Corporation (GFN) was Initiated by Singular Research to “Buy” and the brokerage firm has set the Price Target at $9.20. Singular Research advised their Clients and Investors in a research report released on Feb 21, 2017.

Several company insiders have filed Insider transactions , on Feb 15, 2017, Manuel Marrero (director) purchased 71 shares at $5.00 per share price. According to the SEC, on Dec 7, 2016, Ronald Valenta (CEO) purchased 6,156 shares at $4.11 per share price. On Nov 10, 2016, James B Roszak (director) purchased 5,475 shares at $4.15 per share price, according to the Form-4 filing with the securities and exchange commission.

General Finance Corporation opened for trading at $5.3 and hit $5.35 on the upside on Friday, eventually ending the session at $5.35, with a gain of 0.94% or 0.05 points. The heightened volatility saw the trading volume jump to 1,622 shares. Company has a market cap of $141 M.

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 which include the Asia-Pacific (Pan-Pacific) area and North America. Its geographic areas include four operating segments: Royal Wolf Holdings Limited and its Australian and New Zealand subsidiaries (Royal Wolf) Pac-Van Inc. and its Canadian subsidiary PV Acquisition Corp. (Pac-Van) Lone Star Tank Rental Inc. (Lone Star) and GFN Manufacturing Corporation and its subsidiary Southern Frac LLC (Southern Frac). It offers portable storage modular space and liquid containment solutions with a lease fleet of approximately 72856 units. It provides its storage solutions to over 35000 customers across a range of industries including commercial construction retail education and government.

General Finance Corporation

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