Strip Tinning (LON:STG) Trading 4.2% Higher – Still a Buy?

Strip Tinning Holdings plc (LON:STG)’s share price shot up 4.2% during trading on Thursday . The stock traded as high as GBX 25 and last traded at GBX 25. 15 shares changed hands during trading, a decline of 100% from the average session volume of 21,431 shares. The stock had previously closed at GBX 24.

Strip Tinning Trading Down 4.2%

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 company has a market capitalization of £4.19 million, a P/E ratio of -1.19 and a beta of 0.87. The company has a fifty day simple moving average of GBX 25.20 and a two-hundred day simple moving average of GBX 24.37.

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.