Strip Tinning (LON:STG) Stock Price Up 7.1% – Here’s What Happened

Strip Tinning Holdings plc (LON:STG)’s stock price traded up 7.1% during mid-day trading on Wednesday . The stock traded as high as GBX 37.50 ($0.49) and last traded at GBX 37.50 ($0.49). 52,101 shares changed hands during mid-day trading, an increase of 49% from the average session volume of 35,024 shares. The stock had previously closed at GBX 35 ($0.45).

Strip Tinning Stock Up 7.1 %

The company has a market capitalization of £6.84 million, a P/E ratio of -220.59 and a beta of 0.87. The company has a 50-day moving average of GBX 38.30 and a two-hundred day moving average of GBX 43.92. 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.