Strip Tinning (LON:STG) Hits New 52-Week Low – Here’s Why

Strip Tinning Holdings plc (LON:STG) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 22 ($0.28) and last traded at GBX 25.50 ($0.32), with a volume of 34854 shares. The stock had previously closed at GBX 27.50 ($0.35).

Strip Tinning Stock Down 7.3 %

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 firm has a market capitalization of £4.65 million, a PE ratio of -1.55 and a beta of 0.87. The company’s 50 day simple moving average is GBX 34.36 and its 200-day simple moving average is GBX 36.56.

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.