TI Fluid Systems (LON:TIFS) Trading 0.1% Higher – Time to Buy?

TI Fluid Systems plc (LON:TIFS) was up 0.1% during mid-day trading on Thursday . The company traded as high as GBX 193.40 ($2.42) and last traded at GBX 193 ($2.42). Approximately 1,551,103 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 1,925,877 shares. The stock had previously closed at GBX 192.80 ($2.42).

TI Fluid Systems Stock Performance

The firm’s 50 day simple moving average is GBX 182.45 and its 200 day simple moving average is GBX 154.15. The firm has a market cap of £953.00 million, a PE ratio of 1,286.67, a PEG ratio of 0.40 and a beta of 1.17. The company has a current ratio of 1.92, a quick ratio of 1.54 and a debt-to-equity ratio of 174.67.

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.