Sebastian Tomas Guridi Sells 385 Shares of Finning International Inc. (TSE:FTT) Stock

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

Finning International Stock Down 3.9 %

Shares of FTT opened at C$42.56 on Friday. Finning International Inc. has a 52-week low of C$34.38 and a 52-week high of C$45.17. The company has a quick ratio of 0.59, a current ratio of 1.65 and a debt-to-equity ratio of 98.14. The stock has a fifty day simple moving average of C$39.10 and a two-hundred day simple moving average of C$39.72. The company has a market capitalization of C$5.85 billion, a PE ratio of 11.90, a price-to-earnings-growth ratio of 0.56 and a beta of 1.55.

Analyst Upgrades and Downgrades

FTT has been the subject of several research reports. CIBC reduced their target price on Finning International from C$50.00 to C$49.00 in a report on Monday, February 3rd. Raymond James reduced their price objective on Finning International from C$52.00 to C$50.00 in a research note on Thursday, November 14th. Canaccord Genuity Group lowered their target price on shares of Finning International from C$53.00 to C$51.00 in a research note on Thursday, November 14th. Royal Bank of Canada reduced their target price on shares of Finning International from C$50.00 to C$46.00 in a research report on Thursday, November 14th. Finally, Canaccord Genuity Group raised their price target on shares of 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, Based on data from MarketBeat, Finning International currently has an average rating of “Buy” and a consensus 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.