XP Power (LON:XPP) Stock Price Passes Above 200-Day Moving Average of $1,187.57

XP Power Limited (LON:XPP)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,187.57 ($14.92) and traded as high as GBX 1,203.59 ($15.12). XP Power shares last traded at GBX 1,168 ($14.67), with a volume of 88,958 shares trading hands.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,400 ($17.59) price target on shares of XP Power in a research report on Wednesday, April 10th. Jefferies Financial Group raised shares of XP Power to a “buy” rating and set a GBX 1,640 ($20.60) target price on the stock in a report on Wednesday, January 31st. Finally, Numis Securities restated a “buy” rating and set a GBX 1,380 ($17.34) price objective on shares of XP Power in a research note on Thursday, April 11th.

XP Power Stock Performance

The stock’s fifty day moving average price is GBX 1,067.94 and its two-hundred day moving average price is GBX 1,187.57. The company has a market cap of £282.74 million, a P/E ratio of -2,595.56, a P/E/G ratio of 0.44 and a beta of 1.38. The company has a debt-to-equity ratio of 116.42, a quick ratio of 0.69 and a current ratio of 1.92.

Insiders Place Their Bets

In other news, insider Gavin Griggs sold 1,074 shares of the business’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of GBX 1,032 ($12.96), for a total transaction of £11,083.68 ($13,924.22). Corporate insiders own 5.09% of the company’s stock.

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.