Strip Tinning (LON:STG) Hits New 52-Week Low – Time to Sell?

Shares of Strip Tinning Holdings plc (LON:STG) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 17 and last traded at GBX 19.04, with a volume of 453 shares. The stock had previously closed at GBX 19.

Strip Tinning Price Performance

The stock has a market cap of £3.65 million, a price-to-earnings ratio of -1.72 and a beta of 0.45. The company has a debt-to-equity ratio of 2,624.60, a current ratio of 1.02 and a quick ratio of 2.33. The stock’s 50 day simple moving average is GBX 20.41 and its two-hundred day simple moving average is GBX 21.41.

Strip Tinning (LON:STG) last announced its quarterly earnings data on Thursday, March 26th. The company reported GBX (11.60) earnings per share (EPS) for the quarter. Strip Tinning had a negative net margin of 24.52% and a negative return on equity of 387.32%.

Insider Buying and Selling

In related news, insider Mark Perrins acquired 26,000 shares of the firm’s stock in a transaction on Friday, April 10th. The shares were bought at an average cost of GBX 21 per share, with a total value of £5,460. 49.15% of the stock is currently owned by corporate insiders.

Strip Tinning Company Profile

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.