Strip Tinning (LON:STG) Sets New 12-Month Low – Here’s Why

Strip Tinning Holdings plc (LON:STG)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 17.75 ($0.23) and last traded at GBX 17.75 ($0.23), with a volume of 24989 shares traded. The stock had previously closed at GBX 18 ($0.23).

Strip Tinning Stock Down 16.1 %

The firm has a market cap of £4.74 million, a PE ratio of -1.58 and a beta of 0.87. The company has a debt-to-equity ratio of 125.19, a current ratio of 3.46 and a quick ratio of 2.33. The business has a fifty day moving average price of GBX 25.87 and a two-hundred day moving average price of GBX 32.77.

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.