LPA Group (LON:LPA) Reaches New 1-Year High on Insider Buying Activity

LPA Group Plc (LON:LPA) reached a new 52-week high on Tuesday following insider buying activity. The stock traded as high as GBX 70 and last traded at GBX 62, with a volume of 48644 shares traded. The stock had previously closed at GBX 62.50.

Specifically, insider Philo Daniel-Tran bought 46,029 shares of the stock in a transaction that occurred on Thursday, February 5th. The stock was purchased at an average cost of GBX 55 per share, with a total value of £25,315.95.

LPA Group Stock Performance

The stock has a 50-day moving average price of GBX 42.39 and a 200 day moving average price of GBX 45.40. The company has a quick ratio of 1.05, a current ratio of 1.97 and a debt-to-equity ratio of 17.60. The firm has a market capitalization of £8.19 million, a price-to-earnings ratio of -23.48 and a beta of 0.08.

LPA Group (LON:LPA) last issued its quarterly earnings results on Friday, January 30th. The company reported GBX (2.64) earnings per share (EPS) for the quarter. LPA Group had a return on equity of 6.30% and a net margin of 4.16%. On average, analysts forecast that LPA Group Plc will post 1.9765494 EPS for the current year.

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 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.