LPA Group (LON:LPA) Share Price Passes Below Fifty Day Moving Average – Here’s Why

LPA Group Plc (LON:LPA) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty 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 trading hands.

LPA Group Price 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 £8.04 million, a price-to-earnings ratio of 7.99 and a beta of 0.08. The stock’s 50 day simple moving average is GBX 55.42 and its 200-day simple moving average is GBX 58.59.

LPA Group (LON:LPA) last released its quarterly earnings data on Thursday, January 23rd. The company reported GBX (2.46) (($0.03)) earnings per share (EPS) for the quarter. LPA Group had a net margin of 4.16% and a return on equity of 6.30%. On average, analysts expect that LPA Group Plc will post 1.9765494 EPS for the current fiscal year.

Insider Transactions at LPA Group

In other news, insider Stuart Stanyard acquired 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, for a total transaction of £11,200 ($14,472.15). Also, insider Philo Daniel-Tran bought 41,000 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was purchased at an average price of GBX 59 ($0.76) per share, for a total transaction of £24,190 ($31,257.27). 57.27% of the stock is currently owned by corporate insiders.

LPA Group Company Profile

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.