Strip Tinning (LON:STG) Reaches New 12-Month Low – Should You Sell?

Shares of Strip Tinning Holdings plc (LON:STG) hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 17 and last traded at GBX 17, with a volume of 95 shares changing hands. The stock had previously closed at GBX 17.50.

Strip Tinning Price Performance

The company has a quick ratio of 2.33, a current ratio of 1.02 and a debt-to-equity ratio of 2,624.60. The business’s 50-day moving average is GBX 20.03 and its two-hundred day moving average is GBX 21.09. The company has a market capitalization of £3.10 million, a P/E ratio of -1.47 and a beta of 0.43.

Insider Buying and Selling

In other news, insider Mark Perrins acquired 26,000 shares of the firm’s stock in a transaction on Friday, April 10th. The stock was purchased at an average price of GBX 21 per share, for a total transaction of £5,460. Company insiders own 49.15% of the company’s stock.

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.