Cheryl Lynn Gray Sells 374 Shares of Finning International Inc. (TSE:FTT) Stock

Finning International Inc. (TSE:FTT) Senior Officer Cheryl Lynn Gray sold 374 shares of the stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of C$50.82, for a total value of C$19,006.68.

Finning International Price Performance

TSE FTT opened at C$51.24 on Friday. The company has a debt-to-equity ratio of 98.14, a current ratio of 1.65 and a quick ratio of 0.59. The stock has a market capitalization of C$7.04 billion, a PE ratio of 14.33, a PEG ratio of 0.56 and a beta of 1.55. Finning International Inc. has a 1 year low of C$34.59 and a 1 year high of C$52.19. The business’s 50-day moving average is C$40.16 and its 200 day moving average is C$39.71.

Analyst Upgrades and Downgrades

FTT has been the topic of a number of research reports. Canaccord Genuity Group raised their price target on Finning International from C$51.00 to C$55.00 in a research report on Friday, February 7th. National Bankshares reduced their price objective on Finning International from C$49.00 to C$48.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 9th. TD Securities raised their price objective on Finning International from C$47.00 to C$50.00 in a research note on Monday, February 24th. CIBC reduced their price objective on Finning International from C$50.00 to C$49.00 in a research note on Monday, February 3rd. Finally, BMO Capital Markets raised their price objective on Finning International from C$45.00 to C$50.00 in a research note on Friday, February 7th.

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.