XP Power (LON:XPP) Shares Pass Above 200 Day Moving Average - Time to Sell?

Key Points

• XP Power Limited shares have risen above their 200-day moving average, currently trading at GBX 928 ($12.58), indicating a positive movement in the stock's performance.
• Berenberg Bank has reduced the target price for XP Power from GBX 1,700 to GBX 1,500 but maintains a "buy" rating, reflecting some caution amidst a consensus rating of "Moderate Buy."
• The company has a market capitalization of £260.14 million and reported a significant debt-to-equity ratio of 110.81, indicating potential risk factors in its financial structure.

Shares of XP Power Limited (LON:XPP - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 837.99 ($11.29) and traded as high as GBX 928 ($12.50). XP Power shares last traded at GBX 928 ($12.50), with a volume of 21,499 shares.

Analysts Set New Price Targets

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

XP Power Trading Down 0.3%

The firm has a 50 day simple moving average of GBX 900.56 and a 200 day simple moving average of GBX 836.42. 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 firm has a market cap of £265.52 million, a P/E ratio of -1,673.52, a P/E/G ratio of 0.44 and a beta of 1.48.

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.