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

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

Analysts Set New Price Targets

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

TFI International Trading Down 14.7 %

The stock has a market capitalization of C$9.23 billion, a P/E ratio of 19.64, a P/E/G ratio of 1.01 and a beta of 1.37. The company has a current ratio of 0.98, a quick ratio of 1.18 and a debt-to-equity ratio of 115.17. The business has a 50-day moving average price of C$194.88 and a two-hundred day moving average price of C$197.40.

Insider Activity

In related news, Director Alain Bédard sold 15,000 shares of the firm’s stock in a transaction on Thursday, November 28th. The stock was sold at an average price of C$210.10, for a total transaction of C$3,151,470.00. Also, insider TFI International Inc. bought 15,020 shares of the company’s stock in a transaction on Friday, February 7th. The stock was purchased at an average price of C$185.48 per share, with a total value of C$2,785,967.73. In the last ninety days, insiders sold 31,000 shares of company stock worth $6,629,795. 5.97% of the stock is currently owned by corporate insiders.

About TFI International

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.