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

XP Power Limited (LON:XPP) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on XPP. Numis Securities reiterated a “buy” rating and issued a GBX 1,380 ($17.34) price objective on shares of XP Power in a report on Thursday, April 11th. Jefferies Financial Group upgraded shares of XP Power to a “buy” rating and set a GBX 1,640 ($20.60) price target for the company in a research note on Wednesday, January 31st. Finally, Berenberg Bank reissued 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.

XP Power Price Performance

The stock has a market capitalization 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 firm has a fifty day moving average price of GBX 1,067.94 and a two-hundred day moving average price of GBX 1,187.57. The company has a quick ratio of 0.69, a current ratio of 1.92 and a debt-to-equity ratio of 116.42.

Insider Buying and Selling at XP Power

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

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.