Strip Tinning (LON:STG) Announces Earnings Results

Strip Tinning (LON:STG) posted its quarterly earnings data on Thursday. The company reported GBX (7.05) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Strip Tinning had a negative net margin of 24.52% and a negative return on equity of 387.32%.

Strip Tinning Stock Up 1.9%

LON STG opened at GBX 26.50 on Friday. Strip Tinning has a fifty-two week low of GBX 17 and a fifty-two week high of GBX 43. The business has a fifty day moving average price of GBX 25.57 and a two-hundred day moving average price of GBX 21.86. The company has a debt-to-equity ratio of 2,624.60, a current ratio of 1.02 and a quick ratio of 2.33. The stock has a market capitalization of £4.83 million, a PE ratio of -2.28 and a beta of 0.45.

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.