Strip Tinning (LON:STG) Sets New 52-Week Low – Should You Sell?

Shares of Strip Tinning Holdings plc (LON:STG) reached a new 52-week low on Friday . The company traded as low as GBX 30 ($0.37) and last traded at GBX 30 ($0.37), with a volume of 1438 shares traded. The stock had previously closed at GBX 32.50 ($0.40).

Strip Tinning Stock Down 7.7 %

The stock’s 50 day simple moving average is GBX 36.89 and its 200 day simple moving average is GBX 38.12. The stock has a market capitalization of £5.47 million, a P/E ratio of -176.47 and a beta of 0.87. The company has a current ratio of 3.46, a quick ratio of 2.33 and a debt-to-equity ratio of 125.19.

About Strip Tinning

With more than 60 years of experience, Strip Tinning Automotive is a leading manufacturer of flexible printed circuit connectors, flat foil & cable connectors, and electrical busbar & wire elements, for automotive heating and lighting applications.

We are proud suppliers to the world’s leading glazing manufacturers, these include, AGC, Carlex, Fuyao, NSG, PGW, Saint Gobain Sekurit, and Sisecam.

A large portfolio of components supplied by Strip Tinning Automotive are assembled by the glazing manufacturers and subsequently supplied to the world’s leading OEM’s, including, Audi, BMW, Dacia, Ford, General Motors, Jaguar, Mercedes Benz, Mitsubishi, Nissan, Opel, Peugeot, Porsche, Skoda, Volvo and VW.