TFI International Inc (TSE:TFII) hit a new 52-week high during trading on Thursday . The stock traded as high as C$48.53 and last traded at C$47.58, with a volume of 548404 shares trading hands. The stock had previously closed at C$45.56.
TFII has been the subject of several research reports. National Bank Financial set a C$56.00 price objective on shares of TFI International and gave the company an “outperform” rating in a research note on Tuesday. CIBC lifted their price objective on shares of TFI International from C$45.00 to C$48.00 in a research note on Wednesday, January 15th. Finally, BMO Capital Markets lifted their price objective on shares of TFI International from C$47.00 to C$50.00 in a research note on Tuesday.
The company has a debt-to-equity ratio of 151.01, a quick ratio of 0.98 and a current ratio of 1.10. The firm’s 50 day moving average is C$44.28 and its 200-day moving average is C$41.83. The stock has a market capitalization of $3.61 billion and a price-to-earnings ratio of 13.40.
In other news, insider TFI International Inc. bought 12,865 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was purchased at an average cost of C$43.79 per share, for a total transaction of C$563,310.75. Following the purchase, the insider now directly owns 28,284 shares in the company, valued at approximately C$1,238,451.71.
TFI International Company Profile (TSE:TFII)
TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States, Canada, and Mexico. The company operates through Package and Courier, Less-Than-Truckload, Truckload, and Logistics and Last Mile segments. The Package and Courier segment engages in the pickup, transport, and delivery of items.
Further Reading: What Does a Sell-Side Analyst Rating Mean?
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