Finning International Inc. (OTCMKTS:FINGF) Given Average Recommendation of “Moderate Buy” by Brokerages

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

Several research firms have recently weighed in on FINGF. Scotiabank reaffirmed an “outperform” rating on shares of Finning International in a research note on Thursday. CIBC reaffirmed an “outperform” rating on shares of Finning International in a research report on Monday, October 20th.

Finning International Price Performance

Finning International stock traded up $1.25 during midday trading on Thursday, reaching $64.67. The stock had a trading volume of 105 shares, compared to its average volume of 7,381. The stock’s 50-day simple moving average is $55.74 and its 200 day simple moving average is $49.42. Finning International has a twelve month low of $23.89 and a twelve month high of $65.29.

Finning International Cuts Dividend

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

About Finning International

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.