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

Strip Tinning Holdings plc (LON:STGGet Free Report) 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 traded 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 Up 0.2%

The firm has a 50 day moving average of GBX 20.78 and a 200 day moving average of GBX 22.12. The firm has a market cap of £3.47 million, a price-to-earnings ratio of -1.64 and a beta of 0.45. 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.

Strip Tinning (LON:STGGet Free Report) last released 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%.

Insiders Place Their Bets

In other news, insider Mark Perrins purchased 26,000 shares of the company’s stock in a transaction that occurred on Friday, April 10th. The shares were acquired at an average cost 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

(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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