XP Power Limited (LON:XPP) Insider Acquires £36,487.75 in Stock

XP Power Limited (LON:XPPGet Rating) insider Jamie Pike acquired 1,417 shares of the business’s stock in a transaction on Tuesday, August 2nd. The shares were purchased at an average price of GBX 2,575 ($31.55) per share, with a total value of £36,487.75 ($44,709.90).

XP Power Price Performance

XPP stock opened at GBX 2,180 ($26.71) on Friday. The company has a debt-to-equity ratio of 110.45, a current ratio of 1.79 and a quick ratio of 0.69. The business has a 50 day simple moving average of GBX 2,907.61 and a 200-day simple moving average of GBX 3,505.67. The firm has a market capitalization of £430.22 million and a PE ratio of 1,912.28. XP Power Limited has a 1 year low of GBX 2,130 ($26.10) and a 1 year high of GBX 5,740 ($70.33).

XP Power Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, October 13th. Investors of record on Thursday, September 8th will be issued a GBX 19 ($0.23) dividend. The ex-dividend date of this dividend is Thursday, September 8th. This is a boost from XP Power’s previous dividend of $18.00. This represents a yield of 0.63%. XP Power’s dividend payout ratio is currently 8,245.61%.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank cut their price objective on XP Power from GBX 5,600 ($68.62) to GBX 4,020 ($49.26) and set a “buy” rating for the company in a research note on Monday, May 9th.

XP Power Company Profile

(Get Rating)

XP Power Limited, an investment holding company, designs and manufactures power supply solutions in Europe, North America, and Asia. The company offers AC-DC power supplies, DC-DC converters, high voltage DC-DC converters, high voltage AC-DC power supplies, RF power systems, EMI filters, custom power supplies, and 3 phase power sources.

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