XPS Pensions Group (LON:XPS) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

XPS Pensions Group plc (LON:XPS)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 315.78 and traded as low as GBX 315. XPS Pensions Group shares last traded at GBX 324, with a volume of 607,452 shares.

Analysts Set New Price Targets

XPS has been the topic of several research reports. Royal Bank Of Canada cut their price target on shares of XPS Pensions Group from GBX 465 to GBX 430 and set an “outperform” rating on the stock in a report on Monday, June 22nd. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 469 price objective on shares of XPS Pensions Group in a report on Wednesday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 485 price objective on shares of XPS Pensions Group in a research note on Thursday, June 11th. Berenberg Bank reissued a “buy” rating and set a GBX 440 target price on shares of XPS Pensions Group in a report on Friday, June 19th. Finally, Stifel Nicolaus restated a “buy” rating and set a GBX 460 target price on shares of XPS Pensions Group in a research report on Tuesday, April 21st. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of GBX 450.67.

XPS Pensions Group Stock Performance

The firm has a fifty day moving average of GBX 309.34 and a 200 day moving average of GBX 315.67. The company has a debt-to-equity ratio of 44.65, a current ratio of 27.13 and a quick ratio of 1.51. The stock has a market capitalization of £672.31 million, a price-to-earnings ratio of 26.52 and a beta of 0.34.

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

XPS Pensions Group Company Profile

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.