Shares of Finning International Inc. (OTCMKTS:FINGF – Get Free Report) gapped up before the market opened on Monday. The stock had previously closed at $67.85, but opened at $70.43. Finning International shares last traded at $70.42, with a volume of 200 shares.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on the stock. BMO Capital Markets restated an “outperform” rating on shares of Finning International in a report on Friday, August 7th. Scotiabank reiterated an “outperform” rating on shares of Finning International in a research report on Tuesday, July 7th. Four research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.
Check Out Our Latest Report on Finning International
Finning International Trading Up 1.0%
The firm has a 50-day moving average of $70.25 and a 200-day moving average of $68.53.
Finning International (OTCMKTS:FINGF – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.05. The company had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $1.94 billion.
About Finning International
Finning International Inc is a Canadian distributor of Caterpillar equipment and related products. The company sells and rents heavy equipment used in construction, mining, forestry, energy, transportation and other industrial applications. Its offerings include earthmoving machinery, engines, power systems, replacement parts and work tools.
In addition to equipment sales, Finning provides maintenance, repair, rebuilding, field support, technology solutions and equipment-management services.
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