TI Fluid Systems (LON:TIFS) Hits New 52-Week High – Time to Buy?

Shares of TI Fluid Systems plc (LON:TIFS) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 186.60 ($2.37) and last traded at GBX 185.60 ($2.35), with a volume of 2412010 shares trading hands. The stock had previously closed at GBX 179 ($2.27).

TI Fluid Systems Price Performance

The company has a quick ratio of 1.54, a current ratio of 1.92 and a debt-to-equity ratio of 174.67. The company has a market capitalization of £916.46 million, a P/E ratio of 1,202.67, a PEG ratio of 0.40 and a beta of 1.17. The business has a 50 day simple moving average of GBX 170.53 and a 200-day simple moving average of GBX 146.12.

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.