LPA Group (LON:LPA) Shares Pass Above 50-Day Moving Average – What’s Next?

LPA Group Plc (LON:LPA)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 53.89 and traded as high as GBX 57. LPA Group shares last traded at GBX 57, with a volume of 2,502 shares.

LPA Group Stock Down 4.3%

The company has a market capitalization of £7.27 million, a PE ratio of -20.83 and a beta of 0.08. The firm’s 50-day simple moving average is GBX 53.89 and its 200 day simple moving average is GBX 47.58. The company has a debt-to-equity ratio of 21.83, a quick ratio of 1.05 and a current ratio of 1.63.

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 three sites across the UK, selling to customers in the UK and overseas. Two of these are design and manufacturing sites: Saffron Walden, Essex – electro-mechanical systems for rail, aviation and industrial; Normanton, Yorkshire – LED lighting and electronic systems for rail and infrastructure.