LPA Group (LON:LPA) Trading Up 1.6%

LPA Group Plc (LON:LPA) was up 1.6% during trading on Friday . The company traded as high as GBX 64.50 ($0.82) and last traded at GBX 62.50 ($0.79). Approximately 12,003 shares changed hands during mid-day trading, a decline of 8% from the average daily volume of 13,025 shares. The stock had previously closed at GBX 61.50 ($0.78).

LPA Group Price Performance

The company has a current ratio of 1.66, a quick ratio of 1.05 and a debt-to-equity ratio of 15.31. The business’s fifty day moving average is GBX 71.63 and its 200 day moving average is GBX 77.11. The firm has a market capitalization of £8.44 million, a P/E ratio of 892.86 and a beta of 0.18.

LPA Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, April 12th. Investors of record on Thursday, March 14th were issued a GBX 1 ($0.01) dividend. The ex-dividend date was Thursday, March 14th. This represents a dividend yield of 1.19%. LPA Group’s payout ratio is currently 1,428.57%.

Insider Buying and Selling

In other LPA Group news, insider Paul Curtis bought 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 20th. The shares were acquired at an average cost of GBX 67 ($0.85) per share, for a total transaction of £6,700 ($8,479.94). Insiders own 58.85% of the company’s stock.

About LPA Group

LPA Group Plc, together with its subsidiaries, engages in the design, manufacture, and market industrial electrical and electronic products for rail, aerospace and defense, aircraft ground power, infrastructure, marine, and industrial markets primarily in the United Kingdom, rest of Europe, and internationally.