XP Power (LON:XPP) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

by · The Cerbat Gem

XP Power Limited (LON:XPP – Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 911.79 and traded as high as GBX 922. XP Power shares last traded at GBX 917, with a volume of 9,827 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and set a GBX 1,500 price objective on shares of XP Power in a research report on Wednesday, October 22nd. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,245.

Read Our Latest Stock Report on XPP

XP Power Stock Performance

The stock has a 50 day moving average of GBX 970.25 and a two-hundred day moving average of GBX 911.70. The stock has a market capitalization of £253.41 million, a PE ratio of -15.97, a P/E/G ratio of 0.44 and a beta of 1.48. The company has a debt-to-equity ratio of 110.81, a current ratio of 1.87 and a quick ratio of 0.69.

Insider Activity at XP Power

In related news, insider Daniel Shook purchased 768 shares of the stock in a transaction dated Friday, October 24th. The shares were acquired at an average cost of GBX 1,038 per share, with a total value of £7,971.84. Insiders own 5.11% of the company’s stock.

XP Power Company Profile

(Get Free Report)

XP Power Limited, an investment holding company, designs, manufactures, and sells power supply solutions in Europe, North America, and Asia. The company offers AC-DC power supplies, DC-DC converters, high voltage AC-DC power supplies, high voltage DC-DC converters, RF power systems, EMI filters, custom power supplies, and 3 phase power supplies.

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