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Berenberg Bank Issues Pessimistic Forecast for XP Power (LON:XPP) Stock Price

XP Power logo with Industrials background

XP Power (LON:XPP - Free Report) had its price target lowered by Berenberg Bank from GBX 1,700 to GBX 1,500 in a research report sent to investors on Friday, August 15th, Marketbeat reports. Berenberg Bank currently has a buy rating on the stock.

XP Power Price Performance

XP Power stock traded down GBX 8 during mid-day trading on Friday, reaching GBX 930. The company had a trading volume of 32,617 shares, compared to its average volume of 60,059. XP Power has a 1 year low of GBX 600 and a 1 year high of GBX 1,500. The company has a debt-to-equity ratio of 110.81, a current ratio of 1.87 and a quick ratio of 0.69. The company has a market capitalization of £225.00 million, a P/E ratio of -15.38, a P/E/G ratio of 0.44 and a beta of 1.48. The stock's 50-day simple moving average is GBX 907.16 and its 200-day simple moving average is GBX 873.44.

About XP Power

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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.

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