TI Fluid Systems (LON:TIFS) Hits New 12-Month High – What’s Next?

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

TI Fluid Systems Stock Performance

The stock has a market cap of £890.01 million, a price-to-earnings ratio of 1,208.00, a price-to-earnings-growth ratio of 0.40 and a beta of 1.17. The company’s 50-day simple moving average is GBX 143.59 and its 200-day simple moving average is GBX 139.28. The company has a quick ratio of 1.54, a current ratio of 1.92 and a debt-to-equity ratio of 174.67.

TI Fluid Systems Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 13th. Investors of record on Thursday, August 15th were issued a €0.02 ($0.03) dividend. This represents a dividend 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%.

About TI Fluid Systems

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.