LPA Group (LON:LPA) Stock Breaks Below Fifty Day Moving Average – Here’s Why

LPA Group Plc (LON:LPA)’s share price crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of GBX 82.48 and traded as low as GBX 80. LPA Group shares last traded at GBX 80, with a volume of 16,233 shares changing hands.

LPA Group Stock Performance

The firm’s fifty day moving average price is GBX 82.45 and its 200-day moving average price is GBX 69.21. The company has a current ratio of 2.65, a quick ratio of 1.05 and a debt-to-equity ratio of 37.77. The company has a market cap of £11.23 million, a P/E ratio of 54.84 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.