Finning International Inc. (TSE:FTT) Senior Officer Sebastian Tomas Guridi Sells 385 Shares

Finning International Inc. (TSE:FTT) Senior Officer Sebastian Tomas Guridi sold 385 shares of Finning International stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of C$44.68, for a total value of C$17,201.80.

Finning International Stock Down 1.3 %

Shares of TSE:FTT opened at C$44.27 on Friday. The company has a 50 day moving average of C$39.02 and a 200-day moving average of C$39.70. Finning International Inc. has a one year low of C$34.28 and a one year high of C$45.17. The stock has a market cap of C$6.08 billion, a price-to-earnings ratio of 12.38, a P/E/G ratio of 0.56 and a beta of 1.55. The company has a debt-to-equity ratio of 98.14, a current ratio of 1.65 and a quick ratio of 0.59.

Analyst Ratings Changes

Several equities analysts have weighed in on FTT shares. CIBC cut their target price on Finning International from C$50.00 to C$49.00 in a report on Monday, February 3rd. Royal Bank of Canada lowered their target price on shares of Finning International from C$50.00 to C$46.00 in a research note on Thursday, November 14th. BMO Capital Markets boosted their price target on Finning International from C$45.00 to C$50.00 in a research note on Friday, February 7th. Raymond James decreased their target price on shares of Finning International from C$52.00 to C$50.00 in a research report on Thursday, November 14th. Finally, Canaccord Genuity Group cut their price objective on Finning International from C$53.00 to C$51.00 in a report on Thursday, November 14th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target 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.