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

TFI International Inc. (TSE:TFII) shares hit a new 52-week low 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.

Analyst Ratings Changes

A number of brokerages recently weighed in on TFII. National Bankshares upped their target price on shares of TFI International from C$198.00 to C$223.00 in a research note on Thursday, December 5th. Desjardins raised TFI International from a “hold” rating to a “buy” rating and boosted their price target for the stock from C$204.00 to C$236.00 in a research report on Monday, December 9th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of C$207.43.

TFI International Price Performance

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 company’s 50 day moving average is C$193.41 and its 200-day moving average is C$196.94. The firm has a market capitalization 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.

Insider Activity

In other news, insider TFI International Inc. purchased 15,020 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were purchased at an average cost of C$185.48 per share, with a total value of C$2,785,967.73. Also, Director Alain Bédard sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 28th. The shares were sold at an average price of C$210.10, for a total transaction of C$3,151,470.00. Over the last ninety days, insiders sold 31,000 shares of company stock worth $6,629,795. Corporate insiders own 5.97% of the company’s stock.

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.