XP Power (LON:XPP) Insider Acquires £20,240.40 in Stock

XP Power Limited (LON:XPP) insider Charlotta Ginman purchased 1,515 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were acquired at an average cost of GBX 1,336 per share, with a total value of £20,240.40.

XP Power Price Performance

LON:XPP opened at GBX 1,366 on Thursday. 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 firm’s fifty day moving average price is GBX 1,161.44 and its two-hundred day moving average price is GBX 1,017.45. XP Power Limited has a one year low of GBX 600 and a one year high of GBX 1,466. The company has a debt-to-equity ratio of 71.56, a current ratio of 1.80 and a quick ratio of 0.69.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on XPP. Berenberg Bank boosted their price objective on XP Power from GBX 975 to GBX 1,400 and gave the stock a “buy” rating in a report on Wednesday. Shore Capital Group reiterated a “buy” rating and issued a GBX 2,048 price target on shares of XP Power in a research report on Monday, January 19th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company 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.