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

LPA Group Plc (LON:LPA)’s stock price 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 changing hands.

LPA Group Stock Up 1.5%

The company has a market cap of £11.06 million, a P/E ratio of 54.00 and a beta of 0.01. The company’s 50-day moving average is GBX 82.37 and its two-hundred day moving average is GBX 71.41. The company has a debt-to-equity ratio of 37.77, a current ratio of 2.65 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 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.