XP Power (LON:XPP) Stock Passes Above 200 Day Moving Average – Should You Sell?

XP Power Limited (LON:XPP)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,640.97 and traded as high as GBX 1,872. XP Power shares last traded at GBX 1,786, with a volume of 793,762 shares traded.

Analyst Ratings Changes

XPP has been the subject of several research analyst reports. Jefferies Financial Group restated a “hold” rating and set a GBX 1,870 price target on shares of XP Power in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 1,400 price target on shares of XP Power in a research report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, XP Power currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,859.50.

XP Power Trading Down 4.1%

The company has a 50-day moving average price of GBX 1,790.02 and a two-hundred day moving average price of GBX 1,640.97. The stock has a market cap of £500.65 million, a P/E ratio of -42.52, a P/E/G ratio of 0.44 and a beta of 1.80. The company has a current ratio of 1.48, a quick ratio of 0.69 and a debt-to-equity ratio of 66.55.

About XP Power

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.