Strip Tinning (LON:STG) Hits New 1-Year Low – Should You Sell?

Strip Tinning Holdings plc (LON:STG) shares reached a new 52-week low during mid-day trading on Tuesday . The company 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 Stock Performance

The business has a fifty day moving average price of GBX 19.64 and a 200 day moving average price of GBX 20.95. The company has a market capitalization of £3.19 million, a price-to-earnings ratio of -1.51 and a beta of 0.43. 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.

Insider Transactions at Strip Tinning

In related news, insider Mark Perrins acquired 26,000 shares of the company’s stock in a transaction dated Friday, April 10th. The shares were bought at an average price of GBX 21 per share, for a total transaction of £5,460. 49.15% of the stock is owned by corporate insiders.

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.