Strip Tinning (LON:STG) Stock Price Up 3.9% – What’s Next?

Strip Tinning Holdings plc (LON:STG) shares were up 3.9% on Friday . The stock traded as high as GBX 23.89 ($0.32) and last traded at GBX 23.89 ($0.32). Approximately 42 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 24,190 shares. The stock had previously closed at GBX 23 ($0.31).

Strip Tinning Trading Up 3.9%

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 firm has a market cap of £4.35 million, a price-to-earnings ratio of -92.24 and a beta of 0.87. The business’s 50 day moving average price is GBX 25.57 and its 200-day moving average price is GBX 22.38.

Strip Tinning (LON:STG) last posted its quarterly earnings data on Monday, August 4th. The company reported GBX (8.05) earnings per share for the quarter. Strip Tinning had a negative return on equity of 58.87% and a negative net margin of 29.66%.

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.