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

XP Power Limited (LON:XPP)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 887.90 and traded as high as GBX 972. XP Power shares last traded at GBX 952, with a volume of 36,429 shares changing hands.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,500 price target on shares of XP Power in a research note on Wednesday, October 22nd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, XP Power currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,245.

XP Power Stock Performance

The company has a quick ratio of 0.69, a current ratio of 1.87 and a debt-to-equity ratio of 110.81. The company has a 50 day simple moving average of GBX 959.51 and a 200-day simple moving average of GBX 889.77. The stock has a market capitalization of £266.86 million, a price-to-earnings ratio of -16.82, a price-to-earnings-growth ratio of 0.44 and a beta of 1.48.

Insider Transactions at XP Power

In related news, insider Daniel Shook acquired 768 shares of the company’s stock in a transaction on Friday, October 24th. The shares were acquired at an average cost of GBX 1,038 per share, for a total transaction of £7,971.84. Company insiders own 5.11% of the company’s stock.

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.