TFI International (OTCMKTS:TFIFF) Stock Price Down 1.1% – Here’s Why

by · The Markets Daily

TFI International Inc (OTCMKTS:TFIFFGet Free Report) shares dropped 1.1% during mid-day trading on Monday . The company traded as low as $149.3050 and last traded at $150.43. Approximately 198,864 shares traded hands during trading, an increase of 22,917% from the average session volume of 864 shares. The stock had previously closed at $152.12.

TFI International Price Performance

The firm’s fifty day simple moving average is $149.68 and its 200-day simple moving average is $128.77.

About TFI International

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TFI International is a North American transportation and logistics company headquartered in Montreal, Quebec. Established in 1957 as Cabano Transport, the business expanded through a series of strategic acquisitions in the 1990s and early 2000s before adopting the TFI International name in 2016. The company is led by President and Chief Executive Officer Alain Bédard, under whose direction TFI has built one of the continent’s largest and most diversified freight networks.

The company’s core services include less-than-truckload (LTL) and truckload transportation, parcel and courier delivery, warehousing and distribution, and brokerage and logistics solutions.

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