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

LPA Group Plc (LON:LPA)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 49.85 and traded as high as GBX 57. LPA Group shares last traded at GBX 57, with a volume of 201 shares traded.

LPA Group Stock Performance

The business’s 50 day simple moving average is GBX 49.85 and its 200 day simple moving average is GBX 45.93. The company has a debt-to-equity ratio of 21.83, a current ratio of 1.63 and a quick ratio of 1.05. The company has a market capitalization of £7.40 million, a price-to-earnings ratio of -21.21 and a beta of 0.08.

LPA Group (LON:LPA) last released its quarterly earnings results on Friday, January 30th. The company reported GBX (2.64) earnings per share (EPS) for the quarter. LPA Group had a negative return on equity of 2.20% and a negative net margin of 1.62%. Research analysts anticipate that LPA Group Plc will post 1.9765494 EPS for the current year.

Insider Activity

In related news, insider Philo Daniel-Tran purchased 46,029 shares of the business’s stock in a transaction dated Thursday, February 5th. The stock was acquired at an average price of GBX 55 per share, for a total transaction of £25,315.95. Insiders own 14.01% of the company’s stock.

LPA Group Company Profile

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.