Strip Tinning (LON:STG) Reaches New 12-Month Low – Here’s What Happened

Strip Tinning Holdings plc (LON:STG)’s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 20 ($0.26) and last traded at GBX 20 ($0.26), with a volume of 740 shares. The stock had previously closed at GBX 21.75 ($0.28).

Strip Tinning Price Performance

The stock has a market cap of £3.65 million, a price-to-earnings ratio of -1.22 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. The company’s fifty day moving average is GBX 29.46 and its two-hundred day moving average is GBX 34.44.

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.