Medallion Financial Corp. (MFIN) Getting Somewhat Positive Media Coverage, Report Shows
News coverage about Medallion Financial Corp. (NASDAQ:MFIN) has trended somewhat positive on Tuesday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Medallion Financial Corp. earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave press coverage about the credit services provider an impact score of 45.7114115005695 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Separately, ValuEngine upgraded shares of Medallion Financial Corp. from a “hold” rating to a “buy” rating in a report on Friday, September 1st.
Medallion Financial Corp. (NASDAQ:MFIN) traded up $0.17 during trading hours on Tuesday, hitting $2.29. 105,526 shares of the stock were exchanged, compared to its average volume of 73,001. Medallion Financial Corp. has a twelve month low of $1.60 and a twelve month high of $4.34. The company has a current ratio of 46.19, a quick ratio of 46.19 and a debt-to-equity ratio of 1.18.
Medallion Financial Corp. (NASDAQ:MFIN) last released its earnings results on Wednesday, August 9th. The credit services provider reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.06). The company had revenue of $0.38 million during the quarter. Medallion Financial Corp. had a negative return on equity of 0.79% and a net margin of 45.11%.
In related news, Director David L. Rudnick bought 12,500 shares of the stock in a transaction that occurred on Wednesday, September 13th. The stock was bought at an average cost of $2.26 per share, for a total transaction of $28,250.00. Following the purchase, the director now directly owns 8,424 shares of the company’s stock, valued at $19,038.24. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 16.16% of the stock is owned by company insiders.
Medallion Financial Corp. Company Profile
Medallion Financial Corp. is a closed-end, non-diversified management investment company. The Company is a specialty finance company, which is engaged in originating, acquiring and servicing loans that finance taxicab medallions and various types of commercial businesses. The Company operates in lending and investing operations segment.
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