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 firm’s stock in a transaction dated 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 Stock Performance

Shares of FTT opened at C$44.49 on Wednesday. The stock has a 50-day simple moving average of C$38.78 and a 200-day simple moving average of C$39.63. The company has a debt-to-equity ratio of 98.14, a quick ratio of 0.59 and a current ratio of 1.65. The stock has a market capitalization of C$6.11 billion, a PE ratio of 12.44, a PEG ratio of 0.56 and a beta of 1.55. Finning International Inc. has a 1 year low of C$34.28 and a 1 year high of C$45.17.

Analyst Ratings Changes

FTT has been the subject of a number of research analyst reports. Canaccord Genuity Group lowered their target price on Finning International from C$53.00 to C$51.00 in a report on Thursday, November 14th. Canaccord Genuity Group raised their target price on Finning International from C$51.00 to C$55.00 in a report on Friday, February 7th. Raymond James lowered their target price on Finning International from C$52.00 to C$50.00 in a report on Thursday, November 14th. 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 lifted their price objective on Finning International from C$45.00 to C$50.00 in a research note on Friday, February 7th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target 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.