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

LPA Group Plc (LON:LPAGet Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 41.02 and traded as high as GBX 53. LPA Group shares last traded at GBX 53, with a volume of 14,869 shares.

LPA Group Trading Up 8.2%

The business’s 50 day simple moving average is GBX 41.02 and its 200-day simple moving average is GBX 45.75. The company has a debt-to-equity ratio of 17.60, a current ratio of 1.97 and a quick ratio of 1.05. The stock has a market capitalization of £7.00 million, a P/E ratio of -31.55 and a beta of 0.08.

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 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.

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