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

Finning International Inc. (TSE:FTT) Senior Officer Cheryl Lynn Gray sold 2,500 shares of the business’s stock in a transaction dated 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 Stock Performance

FTT opened at C$44.86 on Thursday. The firm has a market capitalization of C$6.16 billion, a P/E ratio of 12.55, a price-to-earnings-growth ratio of 0.56 and a beta of 1.55. The stock’s 50 day moving average price is C$38.90 and its two-hundred day moving average price is C$39.67. 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 12-month low of C$34.28 and a 12-month high of C$45.17.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on FTT shares. Canaccord Genuity Group upped their price target on Finning International from C$51.00 to C$55.00 in a research note on Friday, February 7th. BMO Capital Markets upped 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 decreased their price target on Finning International from C$53.00 to C$51.00 in a research note on Thursday, November 14th. CIBC decreased their price target on Finning International from C$50.00 to C$49.00 in a research note on Monday, February 3rd. Finally, Royal Bank of Canada decreased their price target on Finning International from C$50.00 to C$46.00 in a research note on Thursday, November 14th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average 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.