Finning International Inc. (TSE:FTT) Senior Officer Cheryl Lynn Gray Sells 2,500 Shares of Stock

Finning International Inc. (TSE:FTT) Senior Officer Cheryl Lynn Gray sold 2,500 shares of the firm’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of C$44.35, for a total value of C$110,884.50.

Finning International Stock Performance

TSE FTT opened at C$44.49 on Wednesday. The stock has a market cap of C$6.11 billion, a PE ratio of 12.44, a P/E/G ratio of 0.56 and a beta of 1.55. The company has a current ratio of 1.65, a quick ratio of 0.59 and a debt-to-equity ratio of 98.14. Finning International Inc. has a twelve month low of C$34.28 and a twelve month high of C$45.17. The stock has a fifty day simple moving average of C$38.78 and a 200-day simple moving average of C$39.63.

Analysts Set New Price Targets

A number of analysts have issued reports on FTT shares. Canaccord Genuity Group raised their target price on Finning International from C$51.00 to C$55.00 in a research note on Friday, February 7th. Royal Bank of Canada cut their target price on Finning International from C$50.00 to C$46.00 in a research note on Thursday, November 14th. BMO Capital Markets raised their target price on Finning International from C$45.00 to C$50.00 in a research note on Friday, February 7th. Raymond James cut their target price on Finning International from C$52.00 to C$50.00 in a research note on Thursday, November 14th. Finally, CIBC cut their target price on Finning International from C$50.00 to C$49.00 in a research note on Monday, February 3rd. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Finning International currently has an average rating of “Buy” and a consensus target price 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.