Strip Tinning (LON:STG) Issues Earnings Results

Strip Tinning (LON:STG) issued its quarterly earnings results on Thursday. The company reported GBX (7.05) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Strip Tinning had a negative net margin of 24.52% and a negative return on equity of 387.32%.

Strip Tinning Stock Down 3.8%

Shares of Strip Tinning stock traded down GBX 1 during trading on Thursday, reaching GBX 25. 243 shares of the company traded hands, compared to its average volume of 23,805. The firm has a market capitalization of £4.56 million, a PE ratio of -2.16 and a beta of 0.45. Strip Tinning has a 1-year low of GBX 17 and a 1-year high of GBX 43. The company has a 50 day moving average price of GBX 25.45 and a 200-day moving average price of GBX 21.84. The company has a debt-to-equity ratio of 2,624.60, a current ratio of 1.02 and a quick ratio of 2.33.

About Strip Tinning

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.