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

Strip Tinning Holdings plc (LON:STG) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 17 and last traded at GBX 19.04, with a volume of 453 shares. The stock had previously closed at GBX 19.

Strip Tinning Price Performance

The firm has a 50-day moving average of GBX 20.45 and a 200-day moving average of GBX 21.49. The stock has a market cap of £3.47 million, a PE ratio of -1.64 and a beta of 0.45. 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.

Strip Tinning (LON:STG) last posted its earnings results on Thursday, March 26th. The company reported GBX (11.60) EPS for the quarter. Strip Tinning had a negative return on equity of 387.32% and a negative net margin of 24.52%.

Insider Transactions at Strip Tinning

In other Strip Tinning news, insider Mark Perrins acquired 26,000 shares of the stock in a transaction on Friday, April 10th. The stock was acquired at an average price of GBX 21 per share, for a total transaction of £5,460. 49.15% of the stock is currently owned by insiders.

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.