Insider Selling: Finning International Inc. (TSE:FTT) Senior Officer Sells 385 Shares of Stock

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

Finning International Trading Down 3.9 %

FTT opened at C$42.56 on Friday. The business has a fifty day moving average price of C$39.10 and a 200 day moving average price of C$39.72. The company has a debt-to-equity ratio of 98.14, a current ratio of 1.65 and a quick ratio of 0.59. Finning International Inc. has a 12 month low of C$34.38 and a 12 month high of C$45.17. The stock has a market capitalization of C$5.85 billion, a price-to-earnings ratio of 11.90, a PEG ratio of 0.56 and a beta of 1.55.

Analyst Ratings Changes

FTT has been the subject of a number of recent analyst reports. BMO Capital Markets lifted their price target on shares of Finning International from C$45.00 to C$50.00 in a research report on Friday, February 7th. Raymond James decreased their price target on Finning International from C$52.00 to C$50.00 in a research note on Thursday, November 14th. Royal Bank of Canada lowered their price target on Finning International from C$50.00 to C$46.00 in a research report on Thursday, November 14th. CIBC cut their price objective on Finning International from C$50.00 to C$49.00 in a report on Monday, February 3rd. Finally, 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. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Finning International has an average rating of “Buy” and an average 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.