XPS Pensions Group (LON:XPS) Stock Price Breaks Below 200 Day Moving Average - What's Next?

Key Points

• XPS Pensions Group shares fell below their 200-day moving average, trading as low as GBX 300 before last trading at GBX 310.67, down 0.2%.
• Analysts remain optimistic: six firms rate the stock a Buy, with a consensus price target of GBX 451.50, substantially above its recent trading level.
• The company has a market capitalization of approximately £617 million, a P/E ratio of 24.52, and insiders own 1.03% of its shares; recent insider activity included both purchases and significant sales.

XPS Pensions Group plc (LON:XPS - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 311.66 and traded as low as GBX 300. XPS Pensions Group shares last traded at GBX 310.67, with a volume of 904,128 shares.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on XPS. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 485 price objective on shares of XPS Pensions Group in a research note on Tuesday, October 6th. Royal Bank Of Canada upgraded XPS Pensions Group to an "outperform" rating and upped their target price for the company from GBX 430 to GBX 435 in a research report on Wednesday, July 29th. Canaccord Genuity Group restated a "buy" rating and set a GBX 469 price target on shares of XPS Pensions Group in a report on Thursday, September 3rd. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 440 target price on shares of XPS Pensions Group in a research note on Monday, August 3rd. Six equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of GBX 451.50.

XPS Pensions Group Trading Down 0.2%

The stock's 50 day simple moving average is GBX 312.75 and its two-hundred day simple moving average is GBX 311.66. The company has a debt-to-equity ratio of 44.65, a current ratio of 1.67 and a quick ratio of 1.51. The stock has a market capitalization of £617.21 million, a PE ratio of 24.52 and a beta of 0.35.

Insider Transactions at XPS Pensions Group

In other news, insider Michelle Cracknell acquired 5,979 shares of the business's stock in a transaction dated Monday, July 20th. The stock was bought at an average cost of GBX 333 per share, for a total transaction of £19,910.07. Also, insider Snehal Shah sold 26,879 shares of the firm's stock in a transaction on Thursday, July 30th. The shares were sold at an average price of GBX 340, for a total transaction of £91,388.60. In the last quarter, insiders sold 1,110,388 shares of company stock worth $373,250,270. Insiders own 1.03% of the company's stock.

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.

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