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

Strip Tinning Holdings plc (LON:STG) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 17 and last traded at GBX 19.85, with a volume of 8000 shares trading hands. The stock had previously closed at GBX 18.50.

Strip Tinning Trading Up 7.3%

The firm has a market capitalization of £3.62 million, a price-to-earnings ratio of -1.71 and a beta of 0.44. The company has a debt-to-equity ratio of 2,624.60, a quick ratio of 2.33 and a current ratio of 1.02. The business has a fifty day moving average price of GBX 18.54 and a 200 day moving average price of GBX 20.18.

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.