LPA Group (LON:LPA) Trading 8.6% Higher – Time to Buy?

LPA Group Plc (LON:LPA) shares rose 8.6% during trading on Friday . The company traded as high as GBX 92 and last traded at GBX 84.20. 123,778 shares changed hands during trading, an increase of 1,079% from the average daily volume of 10,502 shares. The stock had previously closed at GBX 77.50.

LPA Group Trading Up 8.6%

The stock has a market capitalization of £11.13 million, a PE ratio of 54.32 and a beta of 0.01. The firm has a 50 day moving average price of GBX 77.09 and a 200 day moving average price of GBX 64.70. The company has a quick ratio of 1.05, a current ratio of 2.65 and a debt-to-equity ratio of 37.77.

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.