Finning International (OTCMKTS:FINGF) Shares Gap Down – Here’s What Happened

Finning International Inc. (OTCMKTS:FINGFGet Free Report)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $58.5825, but opened at $56.61. Finning International shares last traded at $56.61, with a volume of 100 shares.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on FINGF. CIBC reissued an “outperform” rating on shares of Finning International in a research report on Monday, October 20th. Scotiabank reissued an “outperform” rating on shares of Finning International in a report on Friday, October 17th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

View Our Latest Research Report on FINGF

Finning International Stock Performance

The company’s 50-day moving average price is $53.90 and its 200 day moving average price is $48.15.

Finning International Cuts Dividend

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

Finning International Company Profile

(Get Free Report)

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.

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