LPA Group (LON:LPA) Shares Cross Below Fifty Day Moving Average – What’s Next?

LPA Group Plc (LON:LPA) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 40.88 and traded as low as GBX 36. LPA Group shares last traded at GBX 36.20, with a volume of 22,054 shares traded.

LPA Group Price Performance

The firm has a market capitalization of £4.78 million, a P/E ratio of -21.55 and a beta of 0.08. The business’s fifty day moving average is GBX 40.88 and its 200 day moving average is GBX 47.40. The company has a current ratio of 1.97, a quick ratio of 1.05 and a debt-to-equity ratio of 17.60.

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.