LPA Group (LON:LPA) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

LPA Group Plc (LON:LPA)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 56.55 ($0.75) and traded as low as GBX 50 ($0.67). LPA Group shares last traded at GBX 51 ($0.68), with a volume of 8,952 shares trading hands.

LPA Group Stock Performance

The company has a debt-to-equity ratio of 17.60, a current ratio of 1.97 and a quick ratio of 1.05. The stock has a market capitalization of £7.32 million, a PE ratio of 7.28 and a beta of 0.08. The stock has a 50 day moving average of GBX 52.30 and a two-hundred day moving average of GBX 56.51.

Insider Activity at LPA Group

In other news, insider Stuart Stanyard acquired 20,000 shares of LPA Group stock in a transaction that occurred on Tuesday, February 18th. The stock was purchased at an average cost of GBX 56 ($0.75) per share, with a total value of £11,200 ($14,905.51). Also, insider Philo Daniel-Tran acquired 41,000 shares of LPA Group stock in a transaction that occurred on Wednesday, March 5th. The shares were purchased at an average cost of GBX 59 ($0.79) per share, with a total value of £24,190 ($32,193.24). Company 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), 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.