Strip Tinning (LON:STG) Shares Down 3.8%

Strip Tinning Holdings plc (LON:STG) fell 3.8% during mid-day trading on Friday . The company traded as low as GBX 60 ($0.75) and last traded at GBX 62.50 ($0.78). 2,500 shares were traded during mid-day trading, a decline of 78% from the average session volume of 11,212 shares. The stock had previously closed at GBX 65 ($0.81).

Strip Tinning Stock Down 3.8 %

The company has a debt-to-equity ratio of 42.25, a current ratio of 2.09 and a quick ratio of 2.33. The stock has a market cap of £9.66 million and a PE ratio of -328.95. The business has a fifty day moving average of GBX 61.51 and a 200-day moving average of GBX 54.47.

Insider Activity at Strip Tinning

In other Strip Tinning news, insider Richard Barton bought 15,000 shares of the business’s stock in a transaction on Wednesday, June 21st. The shares were acquired at an average price of GBX 70 ($0.88) per share, with a total value of £10,500 ($13,139.78). 64.63% of the stock is owned by company insiders.

About Strip Tinning

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.