Finning International Inc. (OTCMKTS:FINGF – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $61.70 and last traded at $61.70, with a volume of 900 shares changing hands. The stock had previously closed at $59.9150.
Wall Street Analyst Weigh In
FINGF has been the topic of several research reports. CIBC reissued an “outperform” rating on shares of Finning International in a research note on Monday, October 20th. Scotiabank reissued an “outperform” rating on shares of Finning International in a research report on Friday, October 17th. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Finning International presently has a consensus rating of “Moderate Buy”.
Get Our Latest Analysis on Finning International
Finning International Trading Up 1.3%
Finning International Cuts Dividend
The business also recently disclosed a dividend, which was paid on Thursday, December 11th. Shareholders of record on Thursday, November 27th were paid a $0.2161 dividend. This represents a yield of 165.0%. The ex-dividend date was Wednesday, November 26th.
Finning International Company Profile
Finning International Inc operates as the world’s largest dealer of Caterpillar machinery, engines and power systems, providing a comprehensive range of sales, rental, parts and service solutions. The company’s core offerings encompass medium- and heavy-duty equipment for industries such as mining, construction, energy, forestry and transportation, along with bespoke power generation packages and digital monitoring tools. Through maintenance contracts and cost-per-hour service agreements, Finning helps customers optimize equipment uptime and total lifecycle costs.
Founded in Vancouver, British Columbia, in 1933, Finning has grown from a single dealership to a global enterprise headquartered in Vancouver’s downtown business district.
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