Mark Perrins Buys 26,000 Shares of Strip Tinning (LON:STG) Stock

Key Points

  • Mark Perrins purchased 26,000 shares of Strip Tinning on April 10 at GBX 21 per share, a £5,460 transaction.
  • Shares trade around GBX 20.30 with a 52‑week range of GBX 16–30 and a market cap of £3.7 million; the company reported quarterly EPS of GBX (11.60) and shows negative profitability (P/E -1.75, net margin -24.52%).
  • The company is highly leveraged with a debt‑to‑equity ratio of 2,624.60 despite a quick ratio of 2.33, and it supplies connectors and electrical components to major automotive OEMs and glazing manufacturers.

Strip Tinning Holdings plc (LON:STG - Get Free Report) insider Mark Perrins purchased 26,000 shares of the company's stock in a transaction that occurred on Friday, April 10th. The stock was acquired at an average cost of GBX 21 per share, for a total transaction of £5,460.

Strip Tinning Price Performance

Shares of LON STG opened at GBX 20.30 on Tuesday. Strip Tinning Holdings plc has a fifty-two week low of GBX 16 and a fifty-two week high of GBX 30. The stock has a market cap of £3.70 million, a price-to-earnings ratio of -1.75 and a beta of 0.87. The company has a debt-to-equity ratio of 2,624.60, a quick ratio of 2.33 and a current ratio of 1.02. The firm's 50-day simple moving average is GBX 20.35 and its 200 day simple moving average is GBX 22.89.

Strip Tinning (LON:STG - Get Free Report) last announced its quarterly earnings results on Thursday, March 26th. The company reported GBX (11.60) earnings per share for the quarter. Strip Tinning had a negative net margin of 24.52% and a negative return on equity of 387.32%.

About Strip Tinning

(Get Free Report)

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.

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