Finning International (OTCMKTS:FINGF) Sets New 1-Year High – Should You Buy?

Finning International Inc. (OTCMKTS:FINGFGet 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%

The firm has a 50-day moving average of $54.56 and a two-hundred day moving average of $48.65.

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

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Finning International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Finning International and related companies with MarketBeat.com's FREE daily email newsletter.