Sebastian Tomas Guridi Sells 3,299 Shares of Finning International Inc. (TSE:FTT) Stock

Finning International Inc. (TSE:FTT - Get Free Report) Senior Officer Sebastian Tomas Guridi sold 3,299 shares of the firm'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 shares were sold at an average price of C$50.93, for a total transaction of C$2,749.95.

Finning International Trading Up 0.5%

FTT traded up C$0.25 during trading hours on Monday, reaching C$52.98. 102,588 shares of the company's stock traded hands, compared to its average volume of 471,302. The firm has a 50-day moving average price of C$43.23 and a 200 day moving average price of C$40.79. The firm has a market capitalization of C$7.28 billion, a PE ratio of 14.82, a PEG ratio of 0.56 and a beta of 1.55. The company has a quick ratio of 0.59, a current ratio of 1.65 and a debt-to-equity ratio of 98.14. Finning International Inc. has a 52-week low of C$34.59 and a 52-week high of C$53.16.

Analysts Set New Price Targets

FTT has been the subject of a number of recent research reports. Royal Bank of Canada lifted their price objective on shares of Finning International from C$49.00 to C$61.00 in a research note on Thursday, May 22nd. Raymond James lifted their price target on Finning International from C$50.00 to C$56.50 and gave the stock an "outperform" rating in a research report 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. TD Securities lifted their target price on Finning International from C$50.00 to C$57.00 and gave the stock a "buy" rating in a report on Thursday, May 22nd. Finally, Canaccord Genuity Group boosted their target price on Finning International from C$55.00 to C$60.00 and gave the company 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 issued a buy rating to the company. According to MarketBeat.com, the company presently 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.

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.