XPS Pensions Group (LON:XPS) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

XPS Pensions Group plc (LON:XPS)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 356.59 and traded as low as GBX 337.50. XPS Pensions Group shares last traded at GBX 341, with a volume of 678,358 shares trading hands.

Wall Street Analyst Weigh In

A number of research firms have recently commented on XPS. Berenberg Bank initiated coverage on shares of XPS Pensions Group in a report on Tuesday, September 9th. They issued a “buy” rating and a GBX 440 price target on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 465 target price on shares of XPS Pensions Group in a research note on Monday, November 24th. Shore Capital restated a “buy” rating and set a GBX 420 price target on shares of XPS Pensions Group in a research note on Thursday, November 20th. Finally, Canaccord Genuity Group upped their price objective on XPS Pensions Group from GBX 459 to GBX 469 and gave the company a “buy” rating in a research note on Thursday, November 20th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, XPS Pensions Group has an average rating of “Buy” and an average price target of GBX 448.50.

XPS Pensions Group Price Performance

The stock has a market cap of £696.00 million, a PE ratio of 28.61 and a beta of 0.57. The company has a debt-to-equity ratio of 17.52, a current ratio of 1.27 and a quick ratio of 1.51. The firm’s 50 day moving average price is GBX 342.89 and its two-hundred day moving average price is GBX 356.59.

XPS Pensions Group (LON:XPS) last issued its earnings results on Thursday, November 20th. The company reported GBX 10.20 earnings per share (EPS) for the quarter. XPS Pensions Group had a net margin of 128.13% and a return on equity of 156.24%.

Insiders Place Their Bets

In related news, insider Martin Sutherland purchased 11,658 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were purchased at an average cost of GBX 335 per share, for a total transaction of £39,054.30. 1.14% of the stock is owned by insiders.

XPS Pensions Group Company Profile

XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,300 pension schemes and their sponsoring employers on an ongoing and project basis.