TI Fluid Systems (LON:TIFS) Stock Price Down 1.6%

TI Fluid Systems plc (LON:TIFS)’s share price traded down 1.6% during mid-day trading on Thursday . The company traded as low as GBX 145.60 ($1.80) and last traded at GBX 145.60 ($1.80). 926,582 shares traded hands during mid-day trading, an increase of 42% from the average session volume of 654,487 shares. The stock had previously closed at GBX 148 ($1.83).

TI Fluid Systems Stock Down 1.6 %

The company has a debt-to-equity ratio of 171.85, a current ratio of 1.86 and a quick ratio of 1.54. The firm has a market cap of £746.71 million, a P/E ratio of 1,040.00, a PEG ratio of 0.40 and a beta of 1.28. The firm’s 50-day moving average price is GBX 151.77 and its 200 day moving average price is GBX 143.16.

TI Fluid Systems Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 21st. Stockholders of record on Thursday, May 23rd will be given a €0.05 ($0.05) dividend. This is a positive change from TI Fluid Systems’s previous dividend of $0.02. The ex-dividend date is Thursday, May 23rd. This represents a dividend yield of 2.61%. TI Fluid Systems’s dividend payout ratio (DPR) is presently 2,142.86%.

TI Fluid Systems Company Profile

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.