Press coverage about Medallion Financial (NASDAQ:MFIN) has trended somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Medallion Financial earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media coverage about the credit services provider an impact score of 46.8963368995625 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Here’s what Wall Street expects from Medallion Financial’s earnings (markets.businessinsider.com)
- Keeping an eye open on: Medallion Financial Corp. (MFIN), James Hardie Industries plc (JHX) (newsregistrar.com)
- Medallion Financial Corp. Applauds the Passing of the New York City Council’s Taxi and For-Hire Vehicle Reform … (businesswire.com)
- Medallion Financial Corp. Applauds the Passing of the New York City Council’s Taxi and For-Hire Vehicle Reform Legislation (finance.yahoo.com)
- Medallion Financial (MFIN) Scheduled to Post Quarterly Earnings on Monday (americanbankingnews.com)
Shares of Medallion Financial traded up $0.07, reaching $6.29, during trading hours on Friday, according to MarketBeat.com. 366,197 shares of the stock traded hands, compared to its average volume of 61,569. The company has a debt-to-equity ratio of 1.18, a current ratio of 36.91 and a quick ratio of 36.91. Medallion Financial has a 52 week low of $2.08 and a 52 week high of $6.34. The firm has a market capitalization of $152.01 million, a P/E ratio of 20.29 and a beta of 1.67.
A number of research analysts have weighed in on MFIN shares. Zacks Investment Research lowered shares of Medallion Financial from a “hold” rating to a “sell” rating in a research note on Wednesday, April 18th. ValuEngine lowered shares of Medallion Financial from a “buy” rating to a “hold” rating in a research report on Thursday, May 31st.
In related news, Director Allan J. Tanenbaum acquired 10,000 shares of the stock in a transaction on Thursday, June 14th. The shares were acquired at an average price of $5.55 per share, with a total value of $55,500.00. Following the completion of the transaction, the director now owns 34,566 shares in the company, valued at approximately $191,841.30. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 16.70% of the company’s stock.
Medallion Financial Company Profile
Medallion Financial Corp., through with its subsidiaries, operates as a specialty finance company in the United States. It originates, acquires, and services loans that finance taxicab medallions and various types of commercial businesses. The company offers consumer loans for the purchase of recreational vehicles, boats, motorcycles, and trailers, as well as to finance small scale home improvements; and commercial loans for the purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business.
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