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

Strip Tinning Holdings plc (LON:STG)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 16 ($0.21) and last traded at GBX 17.90 ($0.24), with a volume of 21191 shares traded. The stock had previously closed at GBX 17.50 ($0.23).

Strip Tinning Stock Up 2.3 %

The firm has a 50-day moving average of GBX 23.55 and a two-hundred day moving average of GBX 31.72. The stock has a market capitalization of £3.26 million, a price-to-earnings ratio of -1.09 and a beta of 0.87. The company has a quick ratio of 2.33, a current ratio of 3.46 and a debt-to-equity ratio of 125.19.

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.