XP Power (LON:XPP) Shares Down 16.2%

XP Power Limited (LON:XPP) shares traded down 16.2% during mid-day trading on Tuesday . The company traded as low as GBX 1,182 ($15.02) and last traded at GBX 1,308 ($16.62). 883,438 shares traded hands during mid-day trading, an increase of 888% from the average session volume of 89,386 shares. The stock had previously closed at GBX 1,560 ($19.82).

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Numis Securities reissued a “buy” rating and issued a GBX 1,380 ($17.53) price objective on shares of XP Power in a report on Thursday, April 11th. Berenberg Bank upped their price objective on shares of XP Power from GBX 1,400 ($17.79) to GBX 1,950 ($24.78) and gave the company a “buy” rating in a report on Wednesday, May 22nd.

XP Power Price Performance

The stock’s 50-day simple moving average is GBX 1,292.56 and its 200 day simple moving average is GBX 1,242.88. The company has a quick ratio of 0.69, a current ratio of 1.92 and a debt-to-equity ratio of 116.42. The company has a market cap of £309.73 million, a price-to-earnings ratio of -3,466.67, a PEG ratio of 0.44 and a beta of 1.37.

About XP Power

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.