Strip Tinning (LON:STG) Posts Earnings Results

Strip Tinning (LON:STGGet Free Report) posted its earnings results on Thursday. The company reported GBX (7.05) EPS for the quarter, Digital Look Earnings reports. Strip Tinning had a negative net margin of 24.52% and a negative return on equity of 387.32%.

Strip Tinning Trading Down 3.8%

LON STG traded down GBX 1 on Thursday, hitting GBX 25. 243 shares of the stock were exchanged, compared to its average volume of 23,805. The company’s 50-day moving average price is GBX 25.45 and its two-hundred day moving average price is GBX 21.84. The company has a market capitalization of £4.56 million, a price-to-earnings ratio of -2.16 and a beta of 0.45. Strip Tinning has a 52-week low of GBX 17 and a 52-week high of GBX 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.

Strip Tinning Company Profile

(Get Free Report)

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.

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