Strip Tinning (LON:STG) Hits New 12-Month Low – Time to Sell?

Strip Tinning Holdings plc (LON:STG)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 19 ($0.25) and last traded at GBX 19 ($0.25), with a volume of 7169 shares changing hands. The stock had previously closed at GBX 21 ($0.27).

Strip Tinning Trading Down 9.5 %

The company’s 50 day moving average is GBX 28.13 and its 200 day moving average is GBX 33.85. The company has a debt-to-equity ratio of 125.19, a quick ratio of 2.33 and a current ratio of 3.46. The stock has a market capitalization of £3.46 million, a price-to-earnings ratio of -1.16 and a beta of 0.87.

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.