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

XP Power Limited (LON:XPP) shares hit a new 52-week high on Wednesday . The stock traded as high as GBX 1,380 and last traded at GBX 1,366.45, with a volume of 31505 shares trading hands. The stock had previously closed at GBX 1,356.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Berenberg Bank reiterated a “buy” rating and set a GBX 1,500 price objective on shares of XP Power in a report on Monday, January 19th. Shore Capital Group restated a “buy” rating and set a GBX 2,048 target price on shares of XP Power in a research note on Monday, January 19th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 1,512.67.

XP Power Stock Performance

The firm has a 50-day moving average of GBX 1,009.06 and a 200-day moving average of GBX 965.72. The company has a current ratio of 1.87, a quick ratio of 0.69 and a debt-to-equity ratio of 110.81. The stock has a market capitalization of £383.04 million, a price-to-earnings ratio of -24.14, a P/E/G ratio of 0.44 and a beta of 1.48.

Insider Transactions at XP Power

In other XP Power news, insider Gavin Griggs sold 3,002 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of GBX 904, for a total value of £27,138.08. Insiders own 5.12% of the company’s stock.

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.