XP Power (LON:XPP) Shares Pass Below 200-Day Moving Average - Here's Why

Key Points

• XP Power's shares have dropped below their 200-day moving average of GBX 923.74, indicating a potential bearish trend.
• The stock traded as low as GBX 852 during the day, closing at GBX 858 with a volume of 9,162 shares.
• The company has a high debt-to-equity ratio of 110.81, reflecting significant leverage compared to its equity.

Shares of XP Power Limited (LON:XPP - ) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 923.74 ($12.48) and traded as low as GBX 852 ($11.51). XP Power shares last traded at GBX 858 ($11.59), with a volume of 9,162 shares traded.

XP Power Stock Performance

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 stock's 50-day simple moving average is GBX 869 and its 200 day simple moving average is GBX 923.74. The stock has a market capitalization of £212.42 million, a P/E ratio of -14.52, a PEG 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.

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