XP Power (LON:XPP) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

XP Power Limited (LON:XPP)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,660.73 and traded as high as GBX 1,884.04. XP Power shares last traded at GBX 1,873.85, with a volume of 32,059 shares.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 1,400 target price on shares of XP Power in a research note on Wednesday, August 5th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 1,870 price target on shares of XP Power in a report on Wednesday, August 5th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, XP Power has an average rating of “Moderate Buy” and an average price target of GBX 1,859.50.

XP Power Trading Down 1.0%

The stock has a market cap of £524.76 million, a price-to-earnings ratio of -60.00, a price-to-earnings-growth ratio of 0.44 and a beta of 1.80. The company has a debt-to-equity ratio of 66.55, a quick ratio of 0.69 and a current ratio of 1.48. The company’s 50 day simple moving average is GBX 1,777.30 and its two-hundred day simple moving average is GBX 1,664.20.

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.