Gregory Palaschuk Sells 4,070 Shares of Finning International Inc. (TSE:FTT) Stock

Finning International Inc. (TSE:FTT - Get Free Report) Senior Officer Gregory Palaschuk sold 4,070 shares of the business's stock in a transaction dated Monday, June 16th. The shares were sold at an average price of C$54.80, for a total value of C$223,036.00.

Gregory Palaschuk also recently made the following trade(s):

• On Monday, June 16th, Gregory Palaschuk sold 3,172 shares of Finning International stock. The shares were sold at an average price of C$54.80, for a total value of C$173,825.60.
• On Thursday, May 15th, Gregory Palaschuk sold 200 shares of Finning International stock. The stock was sold at an average price of C$51.33, for a total transaction of C$10,266.00.

Finning International Price Performance

FTT traded down C$0.12 on Wednesday, reaching C$55.00. The company had a trading volume of 111,778 shares, compared to its average volume of 476,447. Finning International Inc. has a one year low of C$34.59 and a one year high of C$56.13. The company has a market capitalization of C$7.55 billion, a P/E ratio of 15.38, a PEG ratio of 0.56 and a beta of 1.55. The company has a fifty day moving average of C$45.53 and a 200-day moving average of C$41.60. The company has a current ratio of 1.65, a quick ratio of 0.59 and a debt-to-equity ratio of 98.14.

Analysts Set New Price Targets

Several research analysts recently commented on FTT shares. Scotiabank boosted their price objective on shares of Finning International from C$48.00 to C$55.00 and gave the stock an "outperform" rating in a research note on Thursday, May 22nd. National Bank Financial downgraded Finning International from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 21st. BMO Capital Markets raised their target price on Finning International from C$48.00 to C$52.00 in a research report on Thursday, May 22nd. Royal Bank Of Canada upped their price objective on shares of Finning International from C$49.00 to C$61.00 in a research note on Thursday, May 22nd. Finally, TD Securities upped their price target on Finning International from C$50.00 to C$57.00 and gave the company a "buy" rating in a research note on Thursday, May 22nd. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Finning International has an average 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.