Finning International Inc. (TSE:FTT - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$40.06 and traded as high as C$41.34. Finning International shares last traded at C$41.27, with a volume of 382,151 shares trading hands.
Wall Street Analysts Forecast Growth
FTT has been the topic of a number of research reports. Canaccord Genuity Group increased their price target on Finning International from C$51.00 to C$55.00 in a research report on Friday, February 7th. CIBC lowered their price target on shares of Finning International from C$50.00 to C$49.00 in a research report on Monday, February 3rd. BMO Capital Markets increased their price objective on shares of Finning International from C$45.00 to C$50.00 in a report on Friday, February 7th. Finally, TD Securities boosted their target price on shares of Finning International from C$47.00 to C$50.00 in a research note on Monday, February 24th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Finning International has an average rating of "Buy" and a consensus target price of C$49.89.
Read Our Latest Research Report on FTT
Finning International Price Performance
The firm has a market capitalization of C$5.56 billion, a P/E ratio of 11.33, a P/E/G ratio of 0.56 and a beta of 1.55. The business's fifty day moving average is C$40.86 and its 200 day moving average is C$40.06. The company has a current ratio of 1.65, a quick ratio of 0.59 and a debt-to-equity ratio of 98.14.
Insider Buying and Selling
In other news, Senior Officer Kieran Colquhoun Holm sold 3,000 shares of Finning International stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of C$42.10, for a total value of C$126,300.00. Also, Senior Officer Juan Pablo Amar sold 1,899 shares of the firm's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of C$43.18, for a total transaction of C$82,004.33. Insiders have sold 7,969 shares of company stock worth $344,424 in the last three months. 0.10% of the stock is currently owned by insiders.
About Finning International
(
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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.
Further Reading
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