XP Power (LON:XPP) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Shares of XP Power Limited (LON:XPP) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 927.57 and traded as low as GBX 894. XP Power shares last traded at GBX 894, with a volume of 22,275 shares.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 1,500 target price on shares of XP Power in a report on Wednesday, October 22nd. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, XP Power presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,245.

XP Power Stock Down 0.7%

The company has a market capitalization of £250.61 million, a PE ratio of -15.80, a P/E/G ratio of 0.44 and a beta of 1.48. The company has a debt-to-equity ratio of 110.81, a quick ratio of 0.69 and a current ratio of 1.87. The company’s 50-day moving average is GBX 932.75 and its 200 day moving average is GBX 927.57.

Insider Buying and Selling

In other XP Power news, insider Daniel Shook purchased 1,103 shares of the firm’s stock in a transaction dated Wednesday, October 22nd. The stock was purchased at an average price of GBX 1,038 per share, for a total transaction of £11,449.14. Also, insider Gavin Griggs sold 3,002 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of GBX 904, for a total value of £27,138.08. 5.11% of the stock is owned by 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. 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.