LPA Group (LON:LPA) Share Price Crosses Below Fifty Day Moving Average – Should You Sell?

LPA Group Plc (LON:LPA)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 58.98 ($0.75) and traded as low as GBX 55 ($0.70). LPA Group shares last traded at GBX 55 ($0.70), with a volume of 897 shares traded.

LPA Group Price Performance

The company’s 50 day moving average is GBX 58.98 and its 200 day moving average is GBX 59.34. 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 has a market capitalization of £7.90 million, a price-to-earnings ratio of 7.85 and a beta of 0.08.

LPA Group (LON:LPA) last announced its quarterly 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%. Research analysts anticipate that LPA Group Plc will post 1.9765494 EPS for the current fiscal year.

Insiders Place Their Bets

In other LPA Group news, insider Stuart Stanyard acquired 20,000 shares of the stock in a transaction on Tuesday, February 18th. The shares were bought at an average cost of GBX 56 ($0.71) per share, with a total value of £11,200 ($14,204.19). 57.27% of the stock is currently owned by insiders.

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.