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

Strip Tinning Holdings plc (LON:STG) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 27.50 ($0.34) and last traded at GBX 28.70 ($0.36), with a volume of 210 shares changing hands. The stock had previously closed at GBX 27.50 ($0.34).

Strip Tinning Trading Up 4.4 %

The company has a debt-to-equity ratio of 125.19, a quick ratio of 2.33 and a current ratio of 3.46. The stock has a 50-day moving average price of GBX 36.48 and a 200-day moving average price of GBX 37.69. The stock has a market cap of £5.23 million, a P/E ratio of -168.82 and a beta of 0.87.

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.