Strip Tinning (LON:STG) Reaches New 12-Month Low – Here’s What Happened

Strip Tinning Holdings plc (LON:STG) shares hit a new 52-week low on Monday . The company traded as low as GBX 17 and last traded at GBX 17, with a volume of 10376 shares. The stock had previously closed at GBX 17.85.

Strip Tinning Trading Down 4.8%

The company has a current ratio of 1.02, a quick ratio of 2.33 and a debt-to-equity ratio of 2,624.60. The stock has a market cap of £3.10 million, a price-to-earnings ratio of -1.47 and a beta of 0.44. The company has a fifty day simple moving average of GBX 19.27 and a 200-day simple moving average of GBX 20.87.

Insider Activity

In other news, insider Mark Perrins purchased 26,000 shares of the business’s stock in a transaction dated Friday, April 10th. The shares were acquired at an average price of GBX 21 per share, for a total transaction of £5,460. 49.15% of the stock is owned by corporate insiders.

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.