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

Shares of Finning International Inc. (OTCMKTS:FINGF) have received a consensus rating of “Moderate Buy” from the seven brokerages that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating on the company.

Several equities research analysts have issued reports on the company. CIBC reissued an “outperform” rating on shares of Finning International in a research note on Monday, October 20th. Scotiabank reissued an “outperform” rating on shares of Finning International in a research report on Friday, October 17th.

Finning International Stock Performance

Shares of OTCMKTS FINGF opened at $54.61 on Wednesday. The company has a 50 day simple moving average of $53.33 and a 200-day simple moving average of $47.33. Finning International has a 1 year low of $23.89 and a 1 year high of $56.45.

Finning International Cuts Dividend

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

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.