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

Shares of Strip Tinning Holdings plc (LON:STG) hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 30 ($0.38) and last traded at GBX 33.05 ($0.42), with a volume of 93390 shares. The stock had previously closed at GBX 36.50 ($0.47).

Strip Tinning Price Performance

The stock’s 50-day moving average price is GBX 35.77 and its 200-day moving average price is GBX 42.75. The company has a market capitalization of £6.03 million, a price-to-earnings ratio of -202.06 and a beta of 0.87. The company has a quick ratio of 2.33, a current ratio of 3.46 and a debt-to-equity ratio of 125.19.

Strip Tinning Company Profile

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.