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An update from Strip Tinning Holdings plc ( (GB:STG) ) is now available.
Strip Tinning Holdings plc has been awarded an £857,000 grant as part of the UK government’s DRIVE35 funding programme, facilitated by the Advanced Propulsion Centre UK. The company will contribute to the Inter Connected Cell Assembly project by developing cell sensing and communication systems for battery management, collaborating with notable organizations like Jaguar Land Rover and Warwick Manufacturing Group. This project, which aims to advance net zero automotive technology, will commence in Q3 2025 and span 2.5 years.
Spark’s Take on GB:STG Stock
According to Spark, TipRanks’ AI Analyst, GB:STG is a Neutral.
Strip Tinning Holdings plc is currently facing significant financial and operational challenges, as reflected in its poor financial performance and unattractive valuation. While recent corporate events provide some positive prospects, the overall risk profile remains high. Investors should exercise caution, given the prevailing financial instability.
To see Spark’s full report on GB:STG stock, click here.
More about Strip Tinning Holdings plc
Strip Tinning Holdings plc is a leading supplier of specialist connection systems primarily serving the automotive sector.
Average Trading Volume: 19,458
Technical Sentiment Signal: Sell
Find detailed analytics on STG stock on TipRanks’ Stock Analysis page.