LPA Group (LON:LPA) Share Price Breaks Above Fifty Day Moving Average – What’s Next?

LPA Group Plc (LON:LPA – Get Free Report)’s stock price passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of GBX 83.77 and traded as high as GBX 85. LPA Group shares last traded at GBX 84.22, with a volume of 788 shares traded.

LPA Group Stock Performance

The business’s 50 day moving average is GBX 83.77 and its two-hundred day moving average is GBX 68.53. 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 firm has a market capitalization of £11.03 million, a P/E ratio of 53.87 and a beta of 0.01.

About LPA Group

(Get Free Report)

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.

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