Strip Tinning (LON:STG) Announces Quarterly Earnings Results

Strip Tinning (LON:STG) released its quarterly earnings data on Thursday. The company reported GBX (7.05) earnings per share for the quarter, Digital Look Earnings reports. Strip Tinning had a positive return on equity of 617.63% and a negative net margin of 20.47%.

Strip Tinning Stock Performance

LON STG traded up GBX 0.50 during trading hours on Friday, hitting GBX 26.50. The company had a trading volume of 18,659 shares, compared to its average volume of 23,778. The company has a quick ratio of 2.33, a current ratio of 0.79 and a debt-to-equity ratio of -975.11. The firm has a market cap of £4.83 million, a P/E ratio of -2.28 and a beta of 0.45. 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 simple moving average of GBX 25.70 and a 200-day simple moving average of GBX 21.89.

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.