LPA Group (LON:LPA) Share Price Crosses Below 50-Day Moving Average – Time to Sell?

LPA Group Plc (LON:LPA)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 55.42 ($0.72) and traded as low as GBX 53 ($0.68). LPA Group shares last traded at GBX 53 ($0.68), with a volume of 31,514 shares.

LPA Group Stock Performance

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 company has a market capitalization of £8.04 million, a price-to-earnings ratio of 7.99 and a beta of 0.08. The stock has a fifty day moving average price of GBX 55.42 and a two-hundred day moving average price of GBX 58.59.

LPA Group (LON:LPA) last announced its earnings results on Thursday, January 23rd. The company reported GBX (2.46) (($0.03)) EPS for the quarter. LPA Group had a return on equity of 6.30% and a net margin of 4.16%. As a group, analysts forecast that LPA Group Plc will post 1.9765494 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Stuart Stanyard purchased 20,000 shares of LPA Group stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average cost of GBX 56 ($0.72) per share, with a total value of £11,200 ($14,472.15). Also, insider Philo Daniel-Tran purchased 41,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The shares were bought at an average price of GBX 59 ($0.76) per share, with a total value of £24,190 ($31,257.27). Corporate insiders own 57.27% of the company’s stock.

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), defence, infrastructure and industrial markets and supplying into hostile and challenging environments, LPA is known for engineering solutions to improve product reliability, reduce maintenance and life cycle costs.

The Group has three sites across the UK, selling to customers in the UK and overseas.