Strip Tinning (LON:STG) Trading Up 4.2% – Should You Buy?

Strip Tinning Holdings plc (LON:STG) traded up 4.2% during mid-day trading on Friday . The company traded as high as GBX 25 and last traded at GBX 25. 1,821 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 4,569 shares. The stock had previously closed at GBX 24.

Strip Tinning Stock Performance

The company has a debt-to-equity ratio of 125.19, a current ratio of 3.46 and a quick ratio of 2.33. The firm has a market capitalization of £4.56 million, a PE ratio of -1.29 and a beta of 0.87. The firm has a fifty day moving average price of GBX 24.95 and a 200 day moving average price of GBX 24.74.

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.