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

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

Finning International Trading Up 1.0 %

TSE:FTT traded up C$0.44 during mid-day trading on Tuesday, reaching C$44.49. The company’s stock had a trading volume of 502,854 shares, compared to its average volume of 480,077. The company’s fifty day simple moving average is C$38.67 and its two-hundred day simple moving average is C$39.59. The company has a debt-to-equity ratio of 98.14, a current ratio of 1.65 and a quick ratio of 0.59. Finning International Inc. has a twelve month low of C$34.28 and a twelve month high of C$45.17. The stock has a market cap of C$6.11 billion, a P/E ratio of 12.44, a P/E/G ratio of 0.56 and a beta of 1.55.

Analyst Ratings Changes

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

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.