LPA Group (LON:LPA) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Shares of LPA Group Plc (LON:LPAGet Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 52.48 ($0.71) and traded as low as GBX 43 ($0.58). LPA Group shares last traded at GBX 44 ($0.59), with a volume of 22,397 shares.

LPA Group Stock Performance

The firm has a market cap of £5.81 million, a PE ratio of -2,619.05 and a beta of 0.08. The company has a current ratio of 1.97, a quick ratio of 1.05 and a debt-to-equity ratio of 17.60. The firm’s 50 day simple moving average is GBX 52.48 and its 200 day simple moving average is GBX 52.19.

About LPA Group

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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.

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