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

TI Fluid Systems plc (LON:TIFS)’s stock price was up 12.5% during mid-day trading on Monday . The stock traded as high as GBX 170 ($2.25) and last traded at GBX 164 ($2.17). Approximately 37,662,629 shares were traded during mid-day trading, an increase of 2,244% from the average daily volume of 1,606,810 shares. The stock had previously closed at GBX 145.80 ($1.93).

TI Fluid Systems Price Performance

The stock has a market cap of £828.09 million, a P/E ratio of 1,110.67, a price-to-earnings-growth ratio of 0.40 and a beta of 1.16. The firm has a 50-day moving average price of GBX 131.87 and a 200-day moving average price of GBX 138.61. The company has a debt-to-equity ratio of 174.67, a quick ratio of 1.54 and a current ratio of 1.92.

TI Fluid Systems Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 13th. Stockholders of record on Thursday, August 15th were given a €0.02 ($0.03) dividend. This represents a dividend yield of 1.84%. The ex-dividend date was Thursday, August 15th. TI Fluid Systems’s dividend payout ratio is currently 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.