LPA Group (LON:LPA) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

Shares of LPA Group Plc (LON:LPA) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 73.18 and traded as high as GBX 80. LPA Group shares last traded at GBX 75.50, with a volume of 1,981 shares traded.

LPA Group Stock Performance

The company has a debt-to-equity ratio of 37.77, a current ratio of 2.65 and a quick ratio of 1.05. The stock has a 50-day simple moving average of GBX 73.18 and a 200-day simple moving average of GBX 62.55. The stock has a market cap of £9.98 million, a P/E ratio of 48.71 and a beta of 0.08.

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

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 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.