Strip Tinning (LON:STG) Stock Price Up 75% – What’s Next?

Strip Tinning Holdings plc (LON:STG)’s stock price was up 75% during mid-day trading on Monday . The company traded as high as GBX 43 and last traded at GBX 35. Approximately 279,982 shares changed hands during trading, an increase of 1,070% from the average session volume of 23,932 shares. The stock had previously closed at GBX 20.

Strip Tinning Trading Up 75.0%

The company has a debt-to-equity ratio of 2,624.60, a current ratio of 1.02 and a quick ratio of 2.33. The business’s 50-day simple moving average is GBX 18.61 and its two-hundred day simple moving average is GBX 20.02. The stock has a market capitalization of £6.38 million, a price-to-earnings ratio of -3.02 and a beta of 0.44.

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.