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

Strip Tinning Holdings plc (LON:STG)’s stock price reached a new 52-week low on Friday . The stock traded as low as GBX 17 and last traded at GBX 19.85, with a volume of 8000 shares changing hands. The stock had previously closed at GBX 18.50.

Strip Tinning Stock Performance

The company has a debt-to-equity ratio of 2,624.60, a current ratio of 1.02 and a quick ratio of 2.33. The business has a 50-day moving average of GBX 18.52 and a 200-day moving average of GBX 20.19. The company has a market capitalization of £3.62 million, a P/E ratio of -1.71 and a beta of 0.44.

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.