Strip Tinning (LON:STG) Releases Earnings Results

Strip Tinning (LON:STG) issued its quarterly earnings data on Thursday. The company reported GBX (11.60) EPS for the quarter, Digital Look Earnings reports. Strip Tinning had a negative net margin of 40.33% and a negative return on equity of 234.35%.

Strip Tinning Stock Down 4.5%

STG opened at GBX 18.15 on Friday. The firm has a market capitalization of £3.31 million, a P/E ratio of -0.94 and a beta of 0.87. Strip Tinning has a one year low of GBX 16 and a one year high of GBX 43. The company has a fifty day moving average price of GBX 20.64 and a 200-day moving average price of GBX 23.07. The company has a debt-to-equity ratio of 726.91, a current ratio of 1.60 and a quick ratio of 2.33.

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.