LPA Group (LON:LPA) Shares Cross Above 50 Day Moving Average – Time to Sell?

LPA Group Plc (LON:LPA) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 58.85 and traded as high as GBX 65. LPA Group shares last traded at GBX 65, with a volume of 114 shares changing hands.

LPA Group Stock Performance

The firm has a market capitalization of £8.59 million, a PE ratio of 41.94 and a beta of 0.08. The company has a debt-to-equity ratio of 37.77, a current ratio of 2.65 and a quick ratio of 1.05. The company’s fifty day simple moving average is GBX 58.85 and its 200 day simple moving average is GBX 51.73.

LPA Group (LON:LPA) last released its quarterly earnings data on Monday, June 1st. The company reported GBX 2.89 EPS for the quarter. The business had revenue of GBX 1,376 million for the quarter. LPA Group had a net margin of 0.89% and a return on equity of 1.42%. As a group, equities research analysts expect that LPA Group Plc will post 1.9765494 EPS for the current fiscal year.

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 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.