SGOCO Group, Ltd. (SGOC) At $1.28 Forms Bottom; Mcgrath Rent (MGRC) Shorts Raised By 8.91%

SGOCO Group, Ltd. (SGOC) formed multiple bottom with $1.17 target or 8.00% below today’s $1.28 share price. SGOCO Group, Ltd. (SGOC) has $18.70M valuation. The stock increased 3.78% or $0.046 during the last trading session, reaching $1.275. About 258,168 shares traded or 22.67% up from the average. SGOCO Group, Ltd. (NASDAQ:SGOC) has declined 59.30% since January 27, 2017 and is downtrending. It has underperformed by 76.00% the S&P500.

Mcgrath Rent Corporation (NASDAQ:MGRC) had an increase of 8.91% in short interest. MGRC’s SI was 189,500 shares in January as released by FINRA. Its up 8.91% from 174,000 shares previously. With 102,400 avg volume, 2 days are for Mcgrath Rent Corporation (NASDAQ:MGRC)’s short sellers to cover MGRC’s short positions. The SI to Mcgrath Rent Corporation’s float is 0.81%. The stock increased 1.58% or $0.77 during the last trading session, reaching $49.4. About 69,709 shares traded. McGrath Rentcorp (NASDAQ:MGRC) has risen 25.54% since January 27, 2017 and is uptrending. It has outperformed by 8.84% the S&P500.

Among 3 analysts covering McGrath RentCorp (NASDAQ:MGRC), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. McGrath RentCorp had 4 analyst reports since November 4, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, January 8 by Sidoti. The stock of McGrath Rentcorp (NASDAQ:MGRC) has “Hold” rating given on Thursday, August 3 by Oppenheimer. The firm has “Sector Weight” rating given on Wednesday, November 4 by KeyBanc Capital Markets. The rating was maintained by Sidoti with “Buy” on Wednesday, September 14.

McGrath RentCorp, a business to business rental company, rents and sells relocatable modular buildings, electronic test equipment, and liquid and solid containment tanks and boxes in the United States and internationally. The company has market cap of $1.19 billion. It operates through four divisions: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. It has a 25.86 P/E ratio. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office space, and various other purposes; and portable storage containers.

Investors sentiment decreased to 1.17 in 2017 Q3. Its down 0.11, from 1.28 in 2017Q2. It turned negative, as 10 investors sold McGrath Rentcorp shares while 37 reduced holdings. 22 funds opened positions while 33 raised stakes. 19.48 million shares or 0.23% more from 19.43 million shares in 2017Q2 were reported. Asset Mgmt One Co Limited owns 81,400 shares. Comerica National Bank has 0.02% invested in McGrath Rentcorp (NASDAQ:MGRC). Kennedy Cap Inc holds 154,663 shares. Hcsf Management Ltd Liability invested in 12.38% or 387,830 shares. Point72 Asia (Hong Kong), Hong Kong-based fund reported 133 shares. Switzerland-based Credit Suisse Ag has invested 0% in McGrath Rentcorp (NASDAQ:MGRC). New York State Common Retirement Fund holds 0% or 32,481 shares in its portfolio. New York-based Gamco Incorporated Et Al has invested 0.01% in McGrath Rentcorp (NASDAQ:MGRC). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 1,510 shares. Guggenheim Limited Co accumulated 21,299 shares. Nationwide Fund Advsr owns 38,346 shares. Tudor Investment Corporation Et Al has 9,961 shares. State Teachers Retirement Sys accumulated 0% or 2,100 shares. Art Advsrs Ltd Llc reported 0.01% in McGrath Rentcorp (NASDAQ:MGRC). Matarin Cap Mgmt Limited Liability Co reported 0.38% stake.