Insider Buying: Strip Tinning (LON:STG) Insider Purchases £5,460 in Stock

Strip Tinning Holdings plc (LON:STG) insider Mark Perrins purchased 26,000 shares of the business’s stock in a transaction dated Friday, April 10th. The stock was bought at an average cost of GBX 21 per share, with a total value of £5,460.

Strip Tinning Price Performance

STG opened at GBX 20 on Thursday. The company has a quick ratio of 2.33, a current ratio of 1.02 and a debt-to-equity ratio of 2,624.60. The firm has a market cap of £3.65 million, a P/E ratio of -1.72 and a beta of 0.87. Strip Tinning Holdings plc has a 52 week low of GBX 16 and a 52 week high of GBX 30. The business’s fifty day simple moving average is GBX 20.32 and its 200 day simple moving average is GBX 22.83.

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

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.