LPA Group (LON:LPA) Shares Pass Above 50-Day Moving Average – Here’s Why

LPA Group Plc (LON:LPA)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 70.12 and traded as high as GBX 85. LPA Group shares last traded at GBX 85, with a volume of 3,603 shares changing hands.

LPA Group Stock Down 2.7%

The company has a market cap of £10.60 million, a price-to-earnings ratio of 51.77 and a beta of 0.08. The company has a current ratio of 2.65, a quick ratio of 1.05 and a debt-to-equity ratio of 37.77. The business has a fifty day moving average price of GBX 70.88 and a two-hundred day moving average price of GBX 60.65.

LPA Group (LON:LPA) last posted its quarterly earnings results on Monday, June 1st. The company reported GBX 2.89 EPS for the quarter. LPA Group had a net margin of 0.89% and a return on equity of 1.42%. The business had revenue of GBX 1,376 million during the quarter. On average, equities analysts predict that LPA Group Plc will post 1.9765494 earnings per share for the current year.

About LPA Group

LPA Group plc (AIM: LPA) is an innovation-led engineering specialist in electronic and electro-mechanical components and systems.

Focused on transport (rail and aviation), aerospace, defence, infrastructure and industrial markets and supplying into hostile and challenging environments, LPA is known for engineering solutions to improve product reliability, reducing maintenance and life cycle costs.
The Group has four sites across the UK, selling to customers in the UK and overseas. Three of these are design and manufacturing sites: Saffron Walden, Essex – electro-mechanical systems for rail, aviation and industrial; Knapwell, Cambridge – power supplies for the rail market, Normanton, Yorkshire – LED lighting and electronic systems for rail and infrastructure.