LPA Group (LON:LPA) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

LPA Group Plc (LON:LPA) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 76.93 and traded as low as GBX 75. LPA Group shares last traded at GBX 75, with a volume of 3,000 shares.

LPA Group Stock Down 3.2%

The stock has a fifty day moving average of GBX 76.93 and a two-hundred day moving average of GBX 64.57. The company has a quick ratio of 1.05, a current ratio of 2.65 and a debt-to-equity ratio of 37.77. The stock has a market cap of £9.91 million, a price-to-earnings ratio of 48.39 and a beta of 0.01.

LPA Group Company Profile

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.