Strip Tinning (LON:STG) Stock Price Up 7.1% – Should You Buy?

by · The Markets Daily

Strip Tinning Holdings plc (LON:STG – Get Free Report)’s stock price rose 7.1% during trading on Wednesday . The company traded as high as GBX 37.50 ($0.49) and last traded at GBX 37.50 ($0.49). Approximately 52,101 shares traded hands during trading, an increase of 49% from the average daily volume of 35,024 shares. The stock had previously closed at GBX 35 ($0.45).

Strip Tinning Price Performance

The company has a market cap of £6.84 million, a PE ratio of -220.59 and a beta of 0.87. The firm has a 50-day simple moving average of GBX 38.10 and a two-hundred day simple moving average of GBX 43.81. The company has a debt-to-equity ratio of 125.19, a current ratio of 3.46 and a quick ratio of 2.33.

Strip Tinning Company Profile

(Get Free Report)

Strip Tinning Holdings plc manufactures and supplies flexible electrical connectors for heating and antennae systems embedded within automotive glazing and to the connection of the cells within electric vehicle (EV) battery packs in the United Kingdom, rest of Europe, and internationally. It provides windshield soldering connectors and heating materials, including FPC connectors, flat foil connectors, solder busbars, adhesive busbars, preformed busbars, and heating wires; back-lite soldering connectors comprising solder bridge connectors, crimp contact connectors, and round wire connectors with capacitors and coils; and ST flex products, such as battery electronics, lighting and heating products, smart glass products, and antennas.

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