Strip Tinning (LON:STG) Hits New 52-Week Low – What’s Next?

Shares of Strip Tinning Holdings plc (LON:STG) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 25.11 ($0.31) and last traded at GBX 28.50 ($0.35), with a volume of 89584 shares changing hands. The stock had previously closed at GBX 27.50 ($0.34).

Strip Tinning Stock Up 3.6 %

The firm has a 50-day moving average of GBX 35.90 and a two-hundred day moving average of GBX 37.30. The stock has a market capitalization of £5.20 million, a price-to-earnings ratio of -167.65 and a beta of 0.87. 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.