LPA Group (LON:LPA) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

LPA Group Plc (LON:LPA) shares passed 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 trading hands.

LPA Group Trading Up 1.5%

The business has a 50 day simple moving average of GBX 70.12 and a 200 day simple moving average of GBX 60.26. 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 company has a market cap of £11.07 million, a price-to-earnings ratio of 54.05 and a beta of 0.08.

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