TI Fluid Systems (LON:TIFS) Trading Up 1.5%

Shares of TI Fluid Systems plc (LON:TIFSGet Rating) were up 1.5% on Thursday . The company traded as high as GBX 168.80 ($2.15) and last traded at GBX 164.80 ($2.10). Approximately 253,709 shares changed hands during trading, a decline of 53% from the average daily volume of 535,498 shares. The stock had previously closed at GBX 162.40 ($2.07).

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of TI Fluid Systems in a research report on Tuesday, February 8th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 351.67 ($4.48).

The firm has a 50 day moving average of GBX 187.07 and a 200-day moving average of GBX 225.80. The company has a market cap of £844.92 million and a P/E ratio of 70.61. The company has a current ratio of 2.08, a quick ratio of 1.57 and a debt-to-equity ratio of 132.45.

The company also recently disclosed a dividend, which will be paid on Thursday, June 23rd. Shareholders of record on Thursday, May 26th will be paid a €0.01 ($0.02) dividend. This represents a yield of 0.6%. The ex-dividend date of this dividend is Thursday, May 26th. TI Fluid Systems’s payout ratio is 3.74%.

TI Fluid Systems Company Profile (LON:TIFS)

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.

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