Strip Tinning (LON:STG) Stock Falls 4% – What’s Next?

Strip Tinning Holdings plc (LON:STG)’s stock price traded down 4% on Thursday. The stock traded as low as GBX 22.56 and last traded at GBX 22.56. 1,400 shares were traded during trading, a decline of 94% from the average session volume of 23,992 shares. The stock had previously closed at GBX 23.50.

Strip Tinning Stock Performance

The company has a debt-to-equity ratio of -975.11, a quick ratio of 2.33 and a current ratio of 0.79. The stock’s fifty day moving average price is GBX 27.08 and its 200-day moving average price is GBX 22.32. The company has a market capitalization of £4.01 million, a P/E ratio of -2.07 and a beta of 0.45.

Strip Tinning (LON:STG) last posted its earnings results on Thursday, September 17th. The company reported GBX (7.05) earnings per share for the quarter. Strip Tinning had a positive return on equity of 617.63% and a negative net margin of 20.47%.

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.