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.