Strip Tinning (LON:STG) Shares Up 0.2% – What’s Next?

Strip Tinning Holdings plc (LON:STG)’s share price shot up 0.2% during trading on Friday . The stock traded as high as GBX 19.04 and last traded at GBX 19.04. 210 shares changed hands during trading, a decline of 99% from the average session volume of 21,397 shares. The stock had previously closed at GBX 19.

Strip Tinning Stock Performance

The company’s 50-day simple moving average is GBX 20.78 and its 200 day simple moving average is GBX 22.12. The company has a current ratio of 1.02, a quick ratio of 2.33 and a debt-to-equity ratio of 2,624.60. The stock has a market cap of £3.47 million, a P/E ratio of -1.64 and a beta of 0.45.

Strip Tinning (LON:STG) last posted its earnings results on Thursday, March 26th. The company reported GBX (11.60) EPS for the quarter. Strip Tinning had a negative return on equity of 387.32% and a negative net margin of 24.52%.

Insider Activity at Strip Tinning

In related news, insider Mark Perrins purchased 26,000 shares of the stock in a transaction that occurred on Friday, April 10th. The shares were bought at an average price of GBX 21 per share, with a total value of £5,460. Company insiders own 48.73% 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.