LPA Group (LON:LPA) Stock Breaks Above 50 Day Moving Average – What’s Next?

Shares of LPA Group Plc (LON:LPA) crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of GBX 82.37 and traded as high as GBX 85. LPA Group shares last traded at GBX 83.70, with a volume of 5,373 shares trading hands.

LPA Group Trading Up 1.5%

The firm has a 50 day moving average price of GBX 82.37 and a 200 day moving average price of GBX 71.41. The company has a quick ratio of 1.05, a current ratio of 2.65 and a debt-to-equity ratio of 37.77. The stock has a market capitalization of £11.06 million, a PE ratio of 54.00 and a beta of 0.01.

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.