TFI International (TSE:TFII) Share Price Crosses Below 50-Day Moving Average - What's Next?

TFI International Inc. (TSE:TFII - Get Free Report)'s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$162.53 and traded as low as C$118.05. TFI International shares last traded at C$119.29, with a volume of 296,702 shares.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. National Bankshares raised 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 raised their price objective for the company from C$204.00 to C$236.00 in a research 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's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of C$207.43.

TFI International Price Performance

The firm has a 50-day moving average of C$161.02 and a 200-day moving average of C$184.98. The company has a debt-to-equity ratio of 115.17, a quick ratio of 1.18 and a current ratio of 0.98. The firm has a market capitalization of C$7.19 billion, a P/E ratio of 15.30, a PEG ratio of 1.01 and a beta of 1.37.

Insider Activity

In related news, Director William T. England bought 3,000 shares of the firm's stock in a transaction on Thursday, February 27th. The stock was acquired at an average cost of C$130.86 per share, for a total transaction of C$392,577.90. Also, Director Debra Kelly-Ennis purchased 300 shares of the stock in a transaction dated Friday, December 27th. The shares were purchased at an average cost of C$199.76 per share, for a total transaction of C$59,927.77. Insiders have acquired a total of 23,428 shares of company stock valued at $3,858,404 over the last ninety days. 5.97% of the stock is currently owned by corporate insiders.

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.