TI Fluid Systems (LON:TIFS) Shares Down 0.8%

TI Fluid Systems plc (LON:TIFS) dropped 0.8% during mid-day trading on Monday . The company traded as low as GBX 129.20 ($1.63) and last traded at GBX 129.40 ($1.64). Approximately 327,288 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 814,685 shares. The stock had previously closed at GBX 130.40 ($1.65).

TI Fluid Systems Price Performance

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 stock has a market capitalization of £662.51 million, a price-to-earnings ratio of 935.71, a PEG ratio of 0.40 and a beta of 1.25. The stock’s 50 day simple moving average is GBX 136.24 and its 200-day simple moving average is GBX 144.77.

TI Fluid Systems Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 21st. Shareholders of record on Thursday, May 23rd were paid a €0.05 ($0.05) dividend. The ex-dividend date was Thursday, May 23rd. This is a boost from TI Fluid Systems’s previous dividend of $0.02. This represents a yield of 2.61%. TI Fluid Systems’s payout ratio is 4,285.71%.

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.