XP Power (LON:XPP) Hits New 1-Year Low – Here’s Why

XP Power Limited (LON:XPP) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 861 ($11.20) and last traded at GBX 860 ($11.19), with a volume of 8792 shares changing hands. The stock had previously closed at GBX 890 ($11.58).

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft decreased their price objective on XP Power from GBX 1,325 ($17.24) to GBX 990 ($12.88) and set a “hold” rating on the stock in a research note on Friday, March 7th.

XP Power Stock Performance

The company’s fifty day moving average price is GBX 1,144.74 and its two-hundred day moving average price is GBX 1,249.07. The company has a debt-to-equity ratio of 110.81, a quick ratio of 0.69 and a current ratio of 1.87. The firm has a market capitalization of £208.07 million, a PE ratio of -14.23, a price-to-earnings-growth ratio of 0.44 and a beta of 1.48.

About XP Power

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.