LPA Group (LON:LPA) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

LPA Group Plc (LON:LPA) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 45.33 and traded as high as GBX 62. LPA Group shares last traded at GBX 60, with a volume of 25 shares.

LPA Group Stock Performance

The company has a market capitalization of £7.93 million, a PE ratio of -22.73 and a beta of 0.08. The firm has a 50-day moving average of GBX 45.33 and a two-hundred day moving average of GBX 45.75. The company has a quick ratio of 1.05, a current ratio of 1.97 and a debt-to-equity ratio of 17.60.

LPA Group (LON:LPA) last posted its earnings results on Friday, January 30th. The company reported GBX (2.64) earnings per share for the quarter. LPA Group had a net margin of 4.16% and a return on equity of 6.30%. Research analysts anticipate that LPA Group Plc will post 1.9765494 EPS for the current year.

Insider Activity

In other LPA Group news, insider Philo Daniel-Tran purchased 46,029 shares of LPA Group stock in a transaction that occurred on Thursday, February 5th. The stock was bought at an average price of GBX 55 per share, with a total value of £25,315.95. 14.01% of the stock is currently owned by insiders.

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.