TI Fluid Systems (LON:TIFS) Hits New 52-Week High - Here's Why

TI Fluid Systems plc (LON:TIFS - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 185.54 ($2.42) and last traded at GBX 183.80 ($2.40), with a volume of 16851605 shares traded. The stock had previously closed at GBX 152.20 ($1.99).

TI Fluid Systems Price Performance

The stock has a market cap of £897.69 million, a P/E ratio of 1,212.00, a price-to-earnings-growth ratio of 0.40 and a beta of 1.17. The business's 50 day moving average price is GBX 143.59 and its two-hundred day moving average price is GBX 139.28. The company has a current ratio of 1.92, a quick ratio of 1.54 and a debt-to-equity ratio of 174.67.

TI Fluid Systems Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 13th. Investors of record on Thursday, August 15th were paid a €0.02 ($0.03) dividend. This represents a yield of 1.84%. The ex-dividend date of this dividend was Thursday, August 15th. TI Fluid Systems's payout ratio is 4,000.00%.

TI Fluid Systems Company Profile

TI Fluid Systems plc designs, manufactures, and sells thermal and fluid system solutions in Europe, Africa, the Asia Pacific, North America, and Latin America. It operates in two segments, Fluid Carrying Systems (FCS), and Fuel Tank and Delivery Systems (FTDS). The FCS segment offers brake and fuel lines and bundles; thermal management fluid systems, including HEV and BEV heating and cooling lines; and powertrain components and quick connectors.