XP Power (LON:XPP) Stock Price Crosses Above Two Hundred Day Moving Average of $1,264.08

XP Power Limited (LON:XPP)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,264.08 ($15.99) and traded as high as GBX 1,452 ($18.37). XP Power shares last traded at GBX 1,452 ($18.37), with a volume of 17,070 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Berenberg Bank raised their target price on shares of XP Power from GBX 1,400 ($17.71) to GBX 1,950 ($24.66) and gave the company a “buy” rating in a research note on Wednesday, May 22nd. Numis Securities reaffirmed a “buy” rating and set a GBX 1,380 ($17.46) price target on shares of XP Power in a report on Thursday, April 11th.

XP Power Stock Down 0.4 %

The firm has a fifty day simple moving average of GBX 1,388.04 and a 200-day simple moving average of GBX 1,264.08. The firm has a market cap of £342.41 million, a price-to-earnings ratio of -3,226.67, a P/E/G ratio of 0.44 and a beta of 1.37. The company has a debt-to-equity ratio of 116.42, a quick ratio of 0.69 and a current ratio of 1.92.

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.