XP Power (LON:XPP) Shares Pass Above 200 Day Moving Average – What’s Next?

XP Power Limited (LON:XPP)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,324.94 ($17.72) and traded as high as GBX 1,408 ($18.83). XP Power shares last traded at GBX 1,380 ($18.46), with a volume of 5,161 shares trading hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,950 ($26.08) price objective on shares of XP Power in a report on Tuesday, August 6th.

XP Power Stock Down 3.6 %

The stock has a 50-day moving average of GBX 1,361.56 and a 200 day moving average of GBX 1,324.94. The company has a market capitalization of £326.78 million, a PE ratio of -1,840.00, a P/E/G ratio of 0.44 and a beta of 1.48. The company has a quick ratio of 0.69, a current ratio of 1.87 and a debt-to-equity ratio of 110.24.

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.