TFI International (TSE:TFII) Reaches New 52-Week Low – Should You Sell?

Shares of TFI International Inc. (TSE:TFII) reached a new 52-week low during trading on Thursday . The stock traded as low as C$160.00 and last traded at C$160.30, with a volume of 25409 shares traded. The stock had previously closed at C$181.51.

Wall Street Analysts Forecast Growth

TFII has been the topic of a number of recent analyst reports. Desjardins raised TFI International from a “hold” rating to a “buy” rating and increased their price target for the stock from C$204.00 to C$236.00 in a research note on Monday, December 9th. National Bankshares increased their price objective on shares of TFI International from C$198.00 to C$223.00 in a report on Thursday, December 5th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of C$207.43.

TFI International Trading Down 6.2 %

The stock has a market cap of C$8.04 billion, a price-to-earnings ratio of 17.09, a P/E/G ratio of 1.01 and a beta of 1.37. The business’s fifty day simple moving average is C$193.41 and its 200 day simple moving average is C$196.94. The company has a debt-to-equity ratio of 115.17, a current ratio of 0.98 and a quick ratio of 1.18.

Insider Activity

In other TFI International news, Director Alain Bédard sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of C$217.36, for a total value of C$3,260,325.00. Also, Senior Officer David Joseph Saperstein sold 1,000 shares of TFI International stock in a transaction on Monday, December 9th. The shares were sold at an average price of C$218.00, for a total value of C$218,000.00. Insiders sold 31,000 shares of company stock worth $6,629,795 over the last three months. Corporate insiders own 5.97% of the company’s stock.

TFI International Company Profile

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America.