Strip Tinning (LON:STG) Shares Up 3.9% – What’s Next?

Strip Tinning Holdings plc (LON:STG) shot up 3.9% during mid-day trading on Friday . The stock traded as high as GBX 40 ($0.50) and last traded at GBX 40 ($0.50). 159 shares changed hands during trading, a decline of 99% from the average session volume of 31,589 shares. The stock had previously closed at GBX 38.50 ($0.48).

Strip Tinning Stock Performance

The business’s 50 day simple moving average is GBX 36.93 and its 200 day simple moving average is GBX 41.35. The stock has a market cap of £7.02 million, a price-to-earnings ratio of -226.47 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.