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

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 stock was sold at an average price of C$44.68, for a total value of C$17,201.80.

Finning International Trading Down 1.3 %

FTT traded down C$0.59 on Thursday, reaching C$44.27. 427,717 shares of the company traded hands, compared to its average volume of 484,766. The company has a market cap of C$6.08 billion, a P/E ratio of 12.38, a price-to-earnings-growth ratio of 0.56 and a beta of 1.55. The company has a quick ratio of 0.59, a current ratio of 1.65 and a debt-to-equity ratio of 98.14. Finning International Inc. has a one year low of C$34.28 and a one year high of C$45.17. The firm has a fifty day simple moving average of C$38.90 and a two-hundred day simple moving average of C$39.67.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. CIBC lowered their price objective on Finning International from C$50.00 to C$49.00 in a research note on Monday, February 3rd. Canaccord Genuity Group raised their price target on Finning International from C$51.00 to C$55.00 in a research report on Friday, February 7th. Canaccord Genuity Group dropped their price objective on shares of Finning International from C$53.00 to C$51.00 in a research note on Thursday, November 14th. Royal Bank of Canada reduced their target price on shares of Finning International from C$50.00 to C$46.00 in a research note on Thursday, November 14th. Finally, BMO Capital Markets lifted their price target on shares of Finning International from C$45.00 to C$50.00 in a research note on Friday, February 7th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus 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.