Finning International Inc. (TSE:FTT) Senior Officer Sells C$110,884.50 in Stock

Finning International Inc. (TSE:FTT - Get Free Report) Senior Officer Cheryl Lynn Gray sold 2,500 shares of Finning International 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 Down 3.9 %

Shares of FTT traded down C$1.71 during trading hours on Friday, hitting C$42.56. The company had a trading volume of 655,085 shares, compared to its average volume of 482,018. Finning International Inc. has a 52-week low of C$34.38 and a 52-week high of C$45.17. The firm has a market cap of C$5.85 billion, a P/E ratio of 11.90, a P/E/G 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. The stock's 50 day moving average price is C$39.02 and its 200 day moving average price is C$39.70.

Wall Street Analyst Weigh In

FTT has been the subject of several research analyst reports. BMO Capital Markets lifted their price target on Finning International from C$45.00 to C$50.00 in a research note on Friday, February 7th. Canaccord Genuity Group lifted their price target on Finning International from C$51.00 to C$55.00 in a research note on Friday, February 7th. Canaccord Genuity Group dropped their price target on Finning International from C$53.00 to C$51.00 in a research note on Thursday, November 14th. Raymond James dropped their price target on Finning International from C$52.00 to C$50.00 in a research note on Thursday, November 14th. Finally, Royal Bank of Canada decreased their price objective on Finning International from C$50.00 to C$46.00 in a report on Thursday, November 14th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Finning International has an average rating of "Buy" and a consensus 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.