XP Power (LON:XPP) Share Price Crosses Above 200-Day Moving Average – What’s Next?

XP Power Limited (LON:XPP)’s stock 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.

Wall Street Analyst Weigh In

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

XP Power Stock Up 3.1%

The company has a market cap of £525.28 million, a P/E ratio of -60.06, a P/E/G ratio of 0.44 and a beta of 1.80. The stock has a 50-day moving average of GBX 1,778.51 and a two-hundred day moving average of GBX 1,660.73. The company has a debt-to-equity ratio of 66.55, a quick ratio of 0.69 and a current ratio of 1.48.

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.