LPA Group (LON:LPA) Trading Up 8.6% – Time to Buy?

LPA Group Plc (LON:LPAGet Free Report) shares were up 8.6% on Friday . The company traded as high as GBX 92 and last traded at GBX 84.20. 123,778 shares changed hands during trading, an increase of 1,079% from the average session volume of 10,502 shares. The stock had previously closed at GBX 77.50.

LPA Group Trading Up 8.6%

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 firm’s fifty day moving average is GBX 77.09 and its two-hundred day moving average is GBX 64.70. The firm has a market capitalization of £11.13 million, a PE ratio of 54.32 and a beta of 0.01.

About LPA Group

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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.

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