Strip Tinning (LON:STG) Sets New 12-Month Low – Should You Sell?

Strip Tinning Holdings plc (LON:STG)’s stock price hit a new 52-week low on Tuesday . The company traded as low as GBX 16 ($0.21) and last traded at GBX 17.90 ($0.24), with a volume of 21191 shares. The stock had previously closed at GBX 17.50 ($0.23).

Strip Tinning Stock Performance

The stock has a market cap of £3.26 million, a price-to-earnings ratio of -1.09 and a beta of 0.87. The company’s 50-day simple moving average is GBX 23.55 and its 200-day simple moving average is GBX 31.72. The company has a quick ratio of 2.33, a current ratio of 3.46 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.