Cheryl Lynn Gray Sells 2,500 Shares of Finning International Inc. (TSE:FTT) Stock

Finning International Inc. (TSE:FTT) Senior Officer Cheryl Lynn Gray sold 2,500 shares of the business’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of C$44.35, for a total value of C$110,884.50.

Finning International Stock Up 0.8 %

TSE:FTT opened at C$44.86 on Thursday. The business’s fifty day moving average price is C$38.90 and its 200 day moving average price is C$39.67. The company has a current ratio of 1.65, a quick ratio of 0.59 and a debt-to-equity ratio of 98.14. Finning International Inc. has a 1-year low of C$34.28 and a 1-year high of C$45.17. The firm has a market capitalization of C$6.16 billion, a price-to-earnings ratio of 12.55, a PEG ratio of 0.56 and a beta of 1.55.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. BMO Capital Markets boosted their target price on Finning International from C$45.00 to C$50.00 in a research report on Friday, February 7th. Canaccord Genuity Group cut their target price on Finning International from C$53.00 to C$51.00 in a research report on Thursday, November 14th. Canaccord Genuity Group upped their price target on Finning International from C$51.00 to C$55.00 in a research report on Friday, February 7th. CIBC dropped their price target on Finning International from C$50.00 to C$49.00 in a research report on Monday, February 3rd. Finally, Raymond James dropped their price target on Finning International from C$52.00 to C$50.00 in a research report on Thursday, November 14th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Finning International presently has an average rating of “Buy” and an average target price of C$49.33.

About Finning International

Finning International Inc sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, Bolivia, the United Kingdom, Argentina, Ireland, and internationally. The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, skid steer and compact track loaders, track loaders, underground-hard rock, wheel loaders, and wheel tractor-scrapers, as well as mobile and stationary generator sets.