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 that occurred on 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 stock was 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 Stock Performance

TSE FTT traded up C$0.32 during trading on Friday, reaching C$55.22. The company's stock had a trading volume of 796,081 shares, compared to its average volume of 477,460. The company has a debt-to-equity ratio of 98.14, a quick ratio of 0.59 and a current ratio of 1.65. The firm has a market cap of C$7.59 billion, a price-to-earnings ratio of 15.45, a P/E/G ratio of 0.56 and a beta of 1.55. Finning International Inc. has a twelve month low of C$34.59 and a twelve month high of C$56.13. The business's fifty day moving average price is C$46.55 and its 200-day moving average price is C$41.90.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. National Bank Financial downgraded shares of Finning International from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 21st. BMO Capital Markets boosted their price target on shares of Finning International from C$48.00 to C$52.00 in a research note on Thursday, May 22nd. National Bankshares boosted 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 note on Thursday, May 22nd. Canaccord Genuity Group boosted their price target on shares of Finning International from C$55.00 to C$60.00 and gave the stock a "buy" rating in a research note on Thursday, May 22nd. Finally, TD Securities lifted their price objective on shares of Finning International from C$50.00 to C$57.00 and gave the stock a "buy" rating in a research report on Thursday, May 22nd. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of C$54.94.

Finning International Company Profile

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.