XP Power (LON:XPP) Hits New 12-Month High – Time to Buy?

XP Power Limited (LON:XPP)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 1,362 and last traded at GBX 1,350, with a volume of 11372 shares changing hands. The stock had previously closed at GBX 1,320.

Wall Street Analyst Weigh In

Several analysts have commented on XPP shares. Berenberg Bank reissued a “buy” rating and set a GBX 1,500 price target on shares of XP Power in a research report on Monday, January 19th. Shore Capital reissued a “buy” rating and set a GBX 2,048 target price on shares of XP Power in a research report on Monday, January 19th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,512.67.

XP Power Trading Up 2.3%

The company has a debt-to-equity ratio of 110.81, a quick ratio of 0.69 and a current ratio of 1.87. The company has a market cap of £378.43 million, a price-to-earnings ratio of -23.85, a P/E/G ratio of 0.44 and a beta of 1.48. The company’s fifty day moving average is GBX 965.27 and its two-hundred day moving average is GBX 948.60.

Insider Activity

In related news, insider Gavin Griggs sold 3,002 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of GBX 904, for a total transaction of £27,138.08. 5.11% of the stock is currently owned by company insiders.

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.