TI Fluid Systems (LON:TIFS) Sets New 1-Year Low at $133.80

TI Fluid Systems plc (LON:TIFSGet Rating) shares hit a new 52-week low on Friday . The company traded as low as GBX 133.80 ($1.62) and last traded at GBX 133.80 ($1.62), with a volume of 21953 shares changing hands. The stock had previously closed at GBX 137.60 ($1.66).

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. reduced their price objective on shares of TI Fluid Systems from GBX 280 ($3.38) to GBX 250 ($3.02) and set an “overweight” rating on the stock in a report on Thursday, July 7th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 220 ($2.66) price target on shares of TI Fluid Systems in a research note on Wednesday, August 10th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, TI Fluid Systems has an average rating of “Moderate Buy” and an average target price of GBX 318 ($3.84).

TI Fluid Systems Price Performance

The company’s 50 day moving average is GBX 156.77 and its 200 day moving average is GBX 166.09. The company has a current ratio of 2.09, a quick ratio of 1.54 and a debt-to-equity ratio of 128.18. The stock has a market capitalization of £696.12 million and a price-to-earnings ratio of 13,760.00.

TI Fluid Systems Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 16th. Investors of record on Thursday, August 18th were paid a dividend of €0.01 ($0.01) per share. The ex-dividend date was Thursday, August 18th. This represents a yield of 0.49%. TI Fluid Systems’s dividend payout ratio is currently 339.15%.

TI Fluid Systems Company Profile

(Get Rating)

TI Fluid Systems plc manufactures and sells fluid storage, carrying, and delivery systems primarily for the light-duty automotive market worldwide. It operates through two segments, Fluid Carrying Systems (FCS) and Fuel Tank and Delivery Systems (FTDS). The FCS segment offers brake and fuel lines and bundles, such as double-wall and single-wall steel fluid carrying lines, and bundles for brake and fuel systems; multi-layer plastic lines for vapor, thermal management, and exhaust treatment; sensor-integrated connectors for installation and system assembly; and heated plastic lines for selective catalyst reduction urea fluids.

Read More

Receive News & Ratings for TI Fluid Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TI Fluid Systems and related companies with MarketBeat.com's FREE daily email newsletter.