Finning International (OTCMKTS:FINGF) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Finning International Inc. (OTCMKTS:FINGF) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $28.65 and traded as low as $28.45. Finning International shares last traded at $28.88, with a volume of 2,738 shares traded.

Finning International Stock Performance

The stock’s 50 day moving average price is $27.76 and its two-hundred day moving average price is $28.65.

Finning International Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Friday, February 21st will be given a dividend of $0.1925 per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a yield of 2.48%. Finning International’s payout ratio is currently 37.53%.

Finning International Company Profile

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.