Strip Tinning (LON:STG) Hits New 52-Week Low – Should You Sell?

Strip Tinning Holdings plc (LON:STG) hit a new 52-week low during trading on Monday . The company traded as low as GBX 17.75 ($0.23) and last traded at GBX 17.75 ($0.23), with a volume of 24989 shares trading hands. The stock had previously closed at GBX 18 ($0.23).

Strip Tinning Stock Performance

The firm has a 50-day simple moving average of GBX 25.87 and a two-hundred day simple moving average of GBX 32.77. The company has a current ratio of 3.46, a quick ratio of 2.33 and a debt-to-equity ratio of 125.19. The company has a market capitalization of £4.74 million, a price-to-earnings ratio of -1.58 and a beta of 0.87.

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.