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

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

Finning International Trading Down 1.3 %

Finning International stock opened at C$44.27 on Friday. Finning International Inc. has a one year low of C$34.28 and a one year high of C$45.17. The company has a market cap of C$6.08 billion, a price-to-earnings ratio of 12.38, a P/E/G ratio of 0.56 and a beta of 1.55. The firm has a 50-day moving average of C$39.02 and a 200-day moving average of C$39.70. The company has a debt-to-equity ratio of 98.14, a current ratio of 1.65 and a quick ratio of 0.59.

Analyst Ratings Changes

A number of research firms have issued reports on FTT. Canaccord Genuity Group lowered their target price on Finning International from C$53.00 to C$51.00 in a report on Thursday, November 14th. CIBC lowered their target price on Finning International from C$50.00 to C$49.00 in a report on Monday, February 3rd. Raymond James lowered their target price on Finning International from C$52.00 to C$50.00 in a report on Thursday, November 14th. Royal Bank of Canada lowered their target price on Finning International from C$50.00 to C$46.00 in a report on Thursday, November 14th. Finally, Canaccord Genuity Group increased their target price on Finning International from C$51.00 to C$55.00 in a report on Friday, February 7th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, Finning International currently has an average rating of “Buy” and an average price target 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.