XP Power (LON:XPP) Share Price Passes Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• XP Power Limited's shares have surpassed their 200-day moving average, indicating potential bullish momentum, trading at GBX 896 ($12.13) with a recent high of GBX 908 ($12.29).
• Berenberg Bank has lowered its target price for XP Power from GBX 1,700 to GBX 1,500 while maintaining a "buy" rating, reflecting mixed analyst sentiment.
• XP Power has a market capitalization of £252.94 million and a debt-to-equity ratio of 110.81, highlighting significant leverage in its financial structure.

XP Power Limited (LON:XPP - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 847.04 ($11.56) and traded as high as GBX 908 ($12.39). XP Power shares last traded at GBX 896 ($12.23), with a volume of 6,033 shares.

Analysts Set New Price Targets

Separately, Berenberg Bank decreased their target price on XP Power from GBX 1,700 to GBX 1,500 and set a "buy" rating on the stock in a research note on Friday, August 15th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of GBX 1,245.

XP Power Trading Up 3.4%

The company has a 50 day moving average of GBX 900.85 and a 200-day moving average of GBX 838.20. The company has a debt-to-equity ratio of 110.81, a quick ratio of 0.69 and a current ratio of 1.87. The stock has a market cap of £252.29 million, a price-to-earnings ratio of -1,590.11, a price-to-earnings-growth ratio of 0.44 and a beta of 1.48.

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.