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

Strip Tinning Holdings plc (LON:STG)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 19 ($0.25) and last traded at GBX 19 ($0.25), with a volume of 7169 shares traded. The stock had previously closed at GBX 21 ($0.27).

Strip Tinning Price Performance

The stock’s 50-day moving average is GBX 27.35 and its 200 day moving average is GBX 33.51. The company has a debt-to-equity ratio of 125.19, a current ratio of 3.46 and a quick ratio of 2.33. The company has a market cap of £3.46 million, a PE ratio of -1.16 and a beta of 0.87.

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.