Strip Tinning (LON:STG) Issues Quarterly Earnings Results

Strip Tinning (LON:STG) announced its quarterly earnings data on Thursday. The company reported GBX (11.60) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Strip Tinning had a negative return on equity of 234.35% and a negative net margin of 40.33%.

Strip Tinning Trading Down 3.2%

Shares of STG stock traded down GBX 0.60 on Thursday, reaching GBX 18.40. 25,000 shares of the company’s stock were exchanged, compared to its average volume of 14,157. The company’s fifty day simple moving average is GBX 20.72 and its 200 day simple moving average is GBX 23.10. Strip Tinning has a 52 week low of GBX 16 and a 52 week high of GBX 43. The company has a current ratio of 1.60, a quick ratio of 2.33 and a debt-to-equity ratio of 726.91. The stock has a market capitalization of £3.35 million, a PE ratio of -0.95 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.