TI Fluid Systems (LON:TIFS) Stock Price Down 1% – Here’s What Happened

TI Fluid Systems plc (LON:TIFSGet Free Report) shares traded down 1% on Monday . The company traded as low as GBX 166.40 ($2.16) and last traded at GBX 166.40 ($2.16). 1,022,221 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 1,431,807 shares. The stock had previously closed at GBX 168 ($2.18).

TI Fluid Systems Trading Down 1.0 %

The business has a 50 day moving average of GBX 157.75 and a two-hundred day moving average of GBX 142.32. 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 firm has a market cap of £821.65 million, a P/E ratio of 1,109.33, a PEG ratio of 0.40 and a beta of 1.17.

TI Fluid Systems Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 13th. Shareholders of record on Thursday, August 15th were given a dividend of €0.02 ($0.03) per share. This represents a 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%.

TI Fluid Systems Company Profile

(Get Free Report)

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.

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