Finning International Inc. (OTCMKTS:FINGF) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Finning International Inc. (OTCMKTS:FINGF) have been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold rating and six have issued a buy rating on the company.

FINGF has been the subject of several research reports. Scotiabank reissued an “outperform” rating on shares of Finning International in a report on Thursday. CIBC reiterated an “outperform” rating on shares of Finning International in a research report on Monday, October 20th.

Finning International Stock Performance

OTCMKTS:FINGF opened at $63.04 on Thursday. The firm has a fifty day simple moving average of $56.22 and a two-hundred day simple moving average of $49.70. Finning International has a 12 month low of $23.89 and a 12 month high of $65.29.

Finning International Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 11th. Shareholders of record on Thursday, November 27th were paid a dividend of $0.2161 per share. This represents a yield of 165.0%. The ex-dividend date of this dividend was Wednesday, November 26th.

Finning International Company Profile

Finning International Inc operates as the world’s largest dealer of Caterpillar machinery, engines and power systems, providing a comprehensive range of sales, rental, parts and service solutions. The company’s core offerings encompass medium- and heavy-duty equipment for industries such as mining, construction, energy, forestry and transportation, along with bespoke power generation packages and digital monitoring tools. Through maintenance contracts and cost-per-hour service agreements, Finning helps customers optimize equipment uptime and total lifecycle costs.

Founded in Vancouver, British Columbia, in 1933, Finning has grown from a single dealership to a global enterprise headquartered in Vancouver’s downtown business district.