Insider Selling: Finning International Inc. (TSE:FTT) Senior Officer Sells C$17,201.80 in Stock

Finning International Inc. (TSE:FTT) Senior Officer Sebastian Tomas Guridi sold 385 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of C$44.68, for a total value of C$17,201.80.

Finning International Stock Performance

Finning International stock opened at C$42.56 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 fifty day moving average price of C$39.10 and a two-hundred day moving average price of C$39.72. Finning International Inc. has a 52-week low of C$34.38 and a 52-week high of C$45.17. The firm has a market capitalization of C$5.85 billion, a P/E ratio of 11.90, a P/E/G ratio of 0.56 and a beta of 1.55.

Analysts Set New Price Targets

A number of brokerages recently commented on FTT. Royal Bank of Canada cut their target price on Finning International from C$50.00 to C$46.00 in a research note on Thursday, November 14th. BMO Capital Markets upped their target price on Finning International from C$45.00 to C$50.00 in a research note on Friday, February 7th. Raymond James cut their target price on Finning International from C$52.00 to C$50.00 in a research note on Thursday, November 14th. CIBC cut their target price on Finning International from C$50.00 to C$49.00 in a research note on Monday, February 3rd. Finally, Canaccord Genuity Group upped their target price on Finning International from C$51.00 to C$55.00 in a research note on Friday, February 7th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the company presently 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.