Finning International Inc. (TSE:FTT – Get Rating) hit a new 52-week low on Friday . The company traded as low as C$23.88 and last traded at C$23.96, with a volume of 95765 shares changing hands. The stock had previously closed at C$25.34.
Wall Street Analyst Weigh In
FTT has been the subject of a number of analyst reports. BMO Capital Markets raised their target price on shares of Finning International from C$32.00 to C$33.00 in a research note on Thursday, August 4th. Royal Bank of Canada cut their price target on shares of Finning International from C$47.00 to C$44.00 and set an “outperform” rating on the stock in a report on Thursday, August 4th. Scotiabank increased their price target on shares of Finning International from C$38.00 to C$39.00 in a report on Thursday, August 4th. CIBC dropped their target price on shares of Finning International from C$50.00 to C$35.00 in a report on Wednesday, July 13th. Finally, National Bankshares raised their target price on shares of Finning International from C$41.00 to C$46.00 in a report on Wednesday, July 13th.
Finning International Stock Performance
The company has a debt-to-equity ratio of 94.74, a quick ratio of 0.54 and a current ratio of 1.47. The company has a market capitalization of C$3.72 billion and a P/E ratio of 9.17. The business’s fifty day simple moving average is C$27.51 and its 200-day simple moving average is C$31.69.
About Finning International
Finning International Inc sells, services, and rents heavy equipment, and power and energy systems in Canada, Chile, the United Kingdom, Argentina, and internationally. The company offers telehandlers, articulated trucks, asphalt pavers, backhoe loaders, cable assist vehicles, cable yarding systems, chip dozers, cold planers, compactors, dozers, drills, electric rope shovels, excavators, material handlers, motor graders, off-highway trucks, pipelayers, remixing transfer vehicle, road reclaimers, road wideners, skid steer and compact track loaders, tack distributors, track loaders, underground-hard rock, wheel loaders, wheel tractor-scrapers, and windrow elevators, as well as attachments.
- Why Does Tesla Stock Remain Resilient?
- Are Layoffs At A Small-Cap Tech A Bellwether For Housing Stocks?
- 2 Semiconductor Stocks To Watch For Reversals
- Will Crowdstrike Get A Boost From Increased EPS Guidance?
- Is Costco’s Post-Earnings Price Weakness A Good Time To Buy?
Receive News & Ratings for Finning International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Finning International and related companies with MarketBeat.com's FREE daily email newsletter.