Strip Tinning (LON:STG) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Strip Tinning Holdings plc (LON:STG)’s stock price passed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of GBX 22.01 and traded as low as GBX 21. Strip Tinning shares last traded at GBX 21, with a volume of 540 shares traded.

Strip Tinning Price Performance

The stock has a 50-day simple moving average of GBX 25.05 and a 200 day simple moving average of GBX 22.01. The stock has a market capitalization of £3.83 million, a P/E ratio of -1.98 and a beta of 0.45. The company has a debt-to-equity ratio of -975.11, a quick ratio of 2.33 and a current ratio of 0.79.

Strip Tinning (LON:STG) last released its earnings results on Thursday, September 17th. The company reported GBX (7.05) earnings per share for the quarter. Strip Tinning had a positive return on equity of 617.63% and a negative net margin of 20.47%.

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.