Key Points
- Insider sale: XP Power insider Matthew Webb sold 16,312 shares at an average of GBX 2,023, generating approximately £329,992.
- Stock performance: Shares opened at GBX 2,010 and are trading near their 52-week high of GBX 2,160, well above the 50-day and 200-day moving averages.
- Analyst outlook: XP Power has a “Moderate Buy” consensus rating, with three Buy ratings and one Hold; the average price target is GBX 1,974.50.
XP Power Limited (LON:XPP - Get Free Report) insider Matthew Webb sold 16,312 shares of the business's stock in a transaction on Friday, October 2nd. The stock was sold at an average price of GBX 2,023, for a total value of £329,991.76.
XP Power Price Performance
XPP opened at GBX 2,010 on Tuesday. The company has a debt-to-equity ratio of 66.55, a quick ratio of 0.69 and a current ratio of 1.48. The company's 50-day simple moving average is GBX 1,836.62 and its two-hundred day simple moving average is GBX 1,743.72. XP Power Limited has a 52-week low of GBX 849.23 and a 52-week high of GBX 2,160. The stock has a market capitalization of £563.44 million, a P/E ratio of -64.42, a P/E/G ratio of 0.44 and a beta of 1.80.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a GBX 1,400 price target on shares of XP Power in a research note on Wednesday, August 5th. Jefferies Financial Group raised shares of XP Power to a "buy" rating and set a GBX 2,330 target price on the stock in a report on Thursday, September 10th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of GBX 1,974.50.
Read Our Latest Stock Analysis on XPP
About XP Power
(
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. 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.
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