Strip Tinning (LON:STG) Stock Price Down 4.1% – Here’s What Happened

Strip Tinning Holdings plc (LON:STG)’s share price traded down 4.1% during mid-day trading on Tuesday . The stock traded as low as GBX 35 ($0.43) and last traded at GBX 35 ($0.43). 660 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 18,219 shares. The stock had previously closed at GBX 36.50 ($0.45).

Strip Tinning Stock Performance

The company has a current ratio of 3.46, a quick ratio of 2.33 and a debt-to-equity ratio of 125.19. The business’s 50 day simple moving average is GBX 37.16 and its 200 day simple moving average is GBX 38.84. The company has a market cap of £6.38 million, a P/E ratio of -205.88 and a beta of 0.87.

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.