LPA Group (LON:LPA) Shares Down 8% – Here’s What Happened

Shares of LPA Group Plc (LON:LPA) fell 8% during trading on Friday . The stock traded as low as GBX 52 ($0.65) and last traded at GBX 52 ($0.65). 32,500 shares were traded during trading, an increase of 85% from the average session volume of 17,583 shares. The stock had previously closed at GBX 56.50 ($0.71).

LPA Group Stock Down 8.0 %

The company has a market cap of £7.47 million, a price-to-earnings ratio of 7.42 and a beta of 0.08. The stock’s 50-day moving average is GBX 60.01 and its 200-day moving average is GBX 59.98. The company has a current ratio of 1.97, a quick ratio of 1.05 and a debt-to-equity ratio of 17.60.

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

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.