XPS Pensions Group (LON:XPS) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of XPS Pensions Group plc (LON:XPS) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 311.59 and traded as low as GBX 298. XPS Pensions Group shares last traded at GBX 302, with a volume of 4,126,066 shares trading hands.

Analyst Ratings Changes

A number of equities research analysts have issued reports on XPS shares. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 469 target price on shares of XPS Pensions Group in a report on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 485 price objective on shares of XPS Pensions Group in a research report on Thursday, June 11th. Berenberg Bank reiterated a “buy” rating and issued a GBX 440 price objective on shares of XPS Pensions Group in a research note on Monday, August 3rd. Finally, Royal Bank Of Canada upgraded XPS Pensions Group to an “outperform” rating and lifted their target price for the company from GBX 430 to GBX 435 in a report on Wednesday, July 29th. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, XPS Pensions Group currently has an average rating of “Buy” and a consensus target price of GBX 451.50.

XPS Pensions Group Stock Down 0.3%

The business’s 50 day moving average is GBX 323.64 and its 200-day moving average is GBX 311.52. The company has a debt-to-equity ratio of 44.65, a current ratio of 1.67 and a quick ratio of 1.51. The company has a market cap of £612.14 million, a PE ratio of 24.31 and a beta of 0.34.

XPS Pensions Group (LON:XPS) last announced its quarterly earnings data on Thursday, June 18th. The company reported GBX 13 EPS for the quarter. XPS Pensions Group had a net margin of 10.11% and a return on equity of 15.48%. The company had revenue of £262.96 million for the quarter.

Insiders Place Their Bets

In other news, insider Snehal Shah sold 113,801 shares of the company’s stock in a transaction dated Wednesday, July 22nd. The stock was sold at an average price of GBX 330, for a total transaction of £375,543.30. Also, insider Michelle Cracknell acquired 5,979 shares of the stock in a transaction dated Monday, July 20th. The shares were acquired at an average cost of GBX 333 per share, with a total value of £19,910.07. Over the last ninety days, insiders sold 1,110,388 shares of company stock worth $373,250,270. 1.03% of the stock is owned by corporate insiders.

About XPS Pensions Group

XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,300 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 83 with assets over £1bn.