LPA Group (LON:LPA) Shares Cross Above 50 Day Moving Average – Here’s Why

LPA Group Plc (LON:LPA)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 58.85 ($0.77) and traded as high as GBX 60.50 ($0.79). LPA Group shares last traded at GBX 60.50 ($0.79), with a volume of 10,000 shares traded.

LPA Group Stock Performance

The firm has a market cap of £8.17 million, a PE ratio of 864.29 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 stock’s 50 day moving average price is GBX 58.85 and its 200 day moving average price is GBX 62.55.

LPA Group Company Profile

LPA Group Plc, together with its subsidiaries, engages in the design, manufacture, and market industrial electrical and electronic products for rail, aerospace and defense, aircraft, infrastructure, and industrial markets primarily in the United Kingdom, rest of Europe, and internationally. It offers aircraft ground power supply equipment, such as connectors, aircraft socket assembly kits, cable assemblies, load banks, cable/plug test box, gateway aircraft plug, power analyzers, flanged plugs and sockets, lanyard assemblies, aircraft connectors, plane power crocodile cable carriers, flanged receptacle, and junction sleeves; box aviation ground power units; enclosures, panels and looms, and power outlets; circuit breakers; rectangular, filter, push-pull, hermetic, power, and circular connectors; contactors; in line cable splices and terminal junction modules; backshells and dustcaps; and aviation ground power units.