LPA Group (LON:LPA) Stock Passes Below 50 Day Moving Average – Should You Sell?

Shares of LPA Group Plc (LON:LPA) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 40.88 and traded as low as GBX 36. LPA Group shares last traded at GBX 36.20, with a volume of 22,054 shares changing hands.

LPA Group Stock Performance

The firm’s fifty day simple moving average is GBX 40.88 and its 200 day simple moving average is GBX 47.40. The company has a market capitalization of £4.78 million, a price-to-earnings ratio of -21.55 and a beta of 0.08. The company has a debt-to-equity ratio of 17.60, a current ratio of 1.97 and a quick ratio of 1.05.

About LPA Group

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.