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

XP Power Limited (LON:XPP)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,270.84 and traded as high as GBX 1,912. XP Power shares last traded at GBX 1,884, with a volume of 102,104 shares traded.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on XPP shares. Shore Capital Group reaffirmed a “buy” rating on shares of XP Power in a report on Thursday, April 23rd. Berenberg Bank upped their price target on XP Power from GBX 1,500 to GBX 2,120 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 1,140 price target on shares of XP Power in a report on Friday, April 24th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,769.33.

XP Power Price Performance

The firm has a market capitalization of £510.74 million, a price-to-earnings ratio of -43.38, a P/E/G ratio of 0.44 and a beta of 1.78. The company has a fifty day moving average price of GBX 1,604.71 and a two-hundred day moving average price of GBX 1,283.82. The company has a quick ratio of 0.69, a current ratio of 1.59 and a debt-to-equity ratio of 74.61.

XP Power Company Profile

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. It also provides engineering services. The company serves healthcare, industrial technology, and semiconductor equipment manufacturing industries. XP Power Limited was founded in 1988 and is based in Singapore.