Strip Tinning (LON:STG) Sets New 1-Year Low – Time to Sell?

Strip Tinning Holdings plc (LON:STG)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as GBX 22 ($0.28) and last traded at GBX 25.50 ($0.32), with a volume of 34854 shares traded. The stock had previously closed at GBX 27.50 ($0.35).

Strip Tinning Trading Down 7.3 %

The company has a quick ratio of 2.33, a current ratio of 3.46 and a debt-to-equity ratio of 125.19. The business’s fifty day moving average is GBX 34.67 and its 200 day moving average is GBX 36.69. The firm has a market capitalization of £4.65 million, a price-to-earnings ratio of -1.55 and a beta of 0.87.

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.