XP Power (LON:XPP) Sets New 1-Year High – Time to Buy?

Shares of XP Power Limited (LON:XPP) hit a new 52-week high on Monday . The company traded as high as GBX 1,992.86 and last traded at GBX 1,973.41, with a volume of 2881 shares trading hands. The stock had previously closed at GBX 1,926.88.

Wall Street Analyst Weigh In

XPP has been the subject of a number of research reports. Shore Capital Group reaffirmed a “buy” rating on shares of XP Power in a report on Thursday, April 23rd. Jefferies Financial Group reissued a “hold” rating and issued a GBX 1,140 price target on shares of XP Power in a research note on Friday, April 24th. Finally, Berenberg Bank boosted their price target on shares of XP Power from GBX 1,500 to GBX 2,120 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,769.33.

XP Power Stock Performance

The stock has a market cap of £553.19 million, a price-to-earnings ratio of -46.99, a PEG ratio of 0.44 and a beta of 1.81. The company has a debt-to-equity ratio of 74.61, a current ratio of 1.59 and a quick ratio of 0.69. The firm has a fifty day moving average of GBX 1,684.21 and a 200 day moving average of GBX 1,327.36.

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.