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

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

TI Fluid Systems Stock Performance

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

TI Fluid Systems Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 13th. Stockholders of record on Thursday, August 15th were paid a €0.02 ($0.03) dividend. The ex-dividend date 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.