Finning International Inc. (TSE:FTT) Senior Officer Sells C$167,655.18 in Stock

Finning International Inc. (TSE:FTT) Senior Officer Sebastian Tomas Guridi sold 3,299 shares of the business’s stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of C$50.82, for a total value of C$167,655.18.

Sebastian Tomas Guridi also recently made the following trade(s):

• On Tuesday, May 20th, Sebastian Tomas Guridi sold 54 shares of Finning International stock. The stock was sold at an average price of C$50.93, for a total value of C$2,749.95.

Finning International Stock Down 0.0%

FTT stock opened at C$52.71 on Tuesday. The firm’s 50-day moving average is C$43.45 and its two-hundred day moving average is C$40.90. The company has a market capitalization of C$7.24 billion, a price-to-earnings ratio of 14.74, a price-to-earnings-growth ratio of 0.56 and a beta of 1.55. Finning International Inc. has a 52 week low of C$34.59 and a 52 week high of C$53.16. The company has a current ratio of 1.65, a quick ratio of 0.59 and a debt-to-equity ratio of 98.14.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on FTT shares. National Bankshares upped their price target on shares of Finning International from C$48.00 to C$53.00 and gave the stock an “outperform” rating in a research report on Thursday, May 22nd. Royal Bank of Canada boosted their target price on shares of Finning International from C$49.00 to C$61.00 in a research note on Thursday, May 22nd. Canaccord Genuity Group raised their price target on shares of Finning International from C$55.00 to C$60.00 and gave the company a “buy” rating in a research note on Thursday, May 22nd. Scotiabank lifted their price target on Finning International from C$48.00 to C$55.00 and gave the company an “outperform” rating in a report on Thursday, May 22nd. Finally, National Bank Financial downgraded Finning International from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 21st. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$54.94.

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.