TI Fluid Systems (LON:TIFS) Stock Price Up 12.5%

TI Fluid Systems plc (LON:TIFS) shares rose 12.5% during mid-day trading on Monday . The company traded as high as GBX 170 ($2.22) and last traded at GBX 164 ($2.14). Approximately 37,662,629 shares traded hands during mid-day trading, an increase of 2,244% from the average daily volume of 1,606,810 shares. The stock had previously closed at GBX 145.80 ($1.91).

TI Fluid Systems Stock Performance

The company has a market capitalization of £811.28 million, a price-to-earnings ratio of 972.00, a PEG ratio of 0.40 and a beta of 1.16. The stock has a 50-day moving average price of GBX 130.45 and a 200-day moving average price of GBX 138.48. The company has a debt-to-equity ratio of 174.67, a current ratio of 1.92 and a quick ratio of 1.54.

TI Fluid Systems Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 13th. Stockholders of record on Thursday, August 15th were given a €0.02 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a dividend yield of 1.84%. 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.