Strip Tinning (LON:STG) Sets New 1-Year Low – Time to Sell?

Strip Tinning Holdings plc (LON:STG)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 25.11 ($0.31) and last traded at GBX 28.50 ($0.35), with a volume of 89584 shares trading hands. The stock had previously closed at GBX 27.50 ($0.34).

Strip Tinning Price Performance

The company’s 50 day simple moving average is GBX 35.90 and its two-hundred day simple moving average is GBX 37.30. 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 stock has a market capitalization of £5.20 million, a P/E ratio of -167.65 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.