Strip Tinning (LON:STG) Reaches New 1-Year Low – Here’s What Happened

Strip Tinning Holdings plc (LON:STG)’s share price reached a new 52-week low on Friday . The company traded as low as GBX 17 and last traded at GBX 19.85, with a volume of 8000 shares traded. The stock had previously closed at GBX 18.50.

Strip Tinning Trading Up 7.3%

The company has a quick ratio of 2.33, a current ratio of 1.02 and a debt-to-equity ratio of 2,624.60. The firm has a market cap of £3.62 million, a P/E ratio of -1.71 and a beta of 0.44. The company’s 50 day simple moving average is GBX 18.52 and its 200-day simple moving average is GBX 20.19.

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.