Strip Tinning (LON:STG) Stock Price Down 4%

Strip Tinning Holdings plc (LON:STG) shares dropped 4% during mid-day trading on Monday . The stock traded as low as GBX 34.40 ($0.43) and last traded at GBX 36 ($0.45). Approximately 57,865 shares were traded during trading, an increase of 207% from the average daily volume of 18,820 shares. The stock had previously closed at GBX 37.50 ($0.47).

Strip Tinning Price Performance

The company’s fifty day simple moving average is GBX 37.56 and its 200-day simple moving average is GBX 42.69. The stock has a market cap of £6.56 million, a P/E ratio of -189.47 and a beta of 1.23. The company has a current ratio of 2.09, a quick ratio of 2.33 and a debt-to-equity ratio of 42.25.

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.