Media headlines about Medallion Financial Corp. (NASDAQ:MFIN) have trended somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public 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 0.09 on Accern’s scale. Accern also assigned media stories about the credit services provider an impact score of 46.7699462921404 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:

Medallion Financial Corp. (NASDAQ:MFIN) traded up $0.09 during midday trading on Tuesday, hitting $2.88. The company had a trading volume of 590,200 shares, compared to its average volume of 173,318. Medallion Financial Corp. has a fifty-two week low of $1.60 and a fifty-two week high of $4.14. The company has a quick ratio of 40.54, a current ratio of 40.54 and a debt-to-equity ratio of 1.16.

Medallion Financial Corp. (NASDAQ:MFIN) last posted its quarterly earnings data on Tuesday, November 7th. The credit services provider reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.09). Medallion Financial Corp. had a negative return on equity of 0.75% and a net margin of 21.17%. The business had revenue of $2.02 million for the quarter.

Separately, ValuEngine raised Medallion Financial Corp. from a “hold” rating to a “buy” rating in a research report on Friday, September 1st.

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In other news, Director David L. Rudnick purchased 12,500 shares of the business’s stock in a transaction on Wednesday, September 13th. The stock was purchased at an average price of $2.26 per share, with a total value of $28,250.00. Following the acquisition, the director now directly owns 8,424 shares in the company, valued at approximately $19,038.24. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 16.16% of the stock is currently owned by 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.

Insider Buying and Selling by Quarter for Medallion Financial Corp. (NASDAQ:MFIN)

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