Strip Tinning (LON:STG) Issues Earnings Results

Strip Tinning (LON:STG) issued its quarterly earnings results on Thursday. The company reported GBX (7.05) 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 Price Performance

Shares of STG opened at GBX 26.50 on Friday. The company has a current ratio of 1.02, a quick ratio of 2.33 and a debt-to-equity ratio of 2,624.60. The firm’s fifty day simple moving average is GBX 25.57 and its 200-day simple moving average is GBX 21.86. The firm has a market capitalization of £4.83 million, a price-to-earnings ratio of -2.28 and a beta of 0.45. Strip Tinning has a twelve month low of GBX 17 and a twelve month high of GBX 43.

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.