XP Power (LON:XPP) Insider Jamie Pike Acquires 7,496 Shares of Stock

XP Power Limited (LON:XPP) insider Jamie Pike bought 7,496 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was purchased at an average price of GBX 1,330 per share, with a total value of £99,696.80.

XP Power Price Performance

LON:XPP opened at GBX 1,366 on Friday. The company has a market cap of £382.92 million, a P/E ratio of -24.13, a P/E/G ratio of 0.44 and a beta of 1.48. The company has a debt-to-equity ratio of 74.61, a current ratio of 1.59 and a quick ratio of 0.69. XP Power Limited has a one year low of GBX 600 and a one year high of GBX 1,466. The firm’s fifty day moving average price is GBX 1,171.36 and its two-hundred day moving average price is GBX 1,019.87.

Wall Street Analyst Weigh In

A number of analysts have weighed in on XPP shares. Shore Capital Group reiterated a “buy” rating and set a GBX 2,048 price target on shares of XP Power in a report on Monday, January 19th. Berenberg Bank lifted their target price on XP Power from GBX 975 to GBX 1,400 and gave the company a “buy” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 1,479.33.

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.