XP Power (LON:XPP) Shares Cross Below Two Hundred Day Moving Average - Here's What Happened

XP Power Limited (LON:XPP - Get Free Report)'s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,082.23 ($14.36) and traded as low as GBX 700 ($9.29). XP Power shares last traded at GBX 707 ($9.38), with a volume of 46,291 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft dropped their price target on shares of XP Power from GBX 1,325 ($17.58) to GBX 990 ($13.13) and set a "hold" rating for the company in a research report on Friday, March 7th.

XP Power Stock Up 1.8%

The business has a 50 day simple moving average of GBX 747.42 and a 200 day simple moving average of GBX 1,073.62. The company has a market capitalization of £181.21 million, a price-to-earnings ratio of -12.39, a PEG ratio of 0.44 and a beta of 1.48. The company has a debt-to-equity ratio of 110.81, a current ratio of 1.87 and a quick ratio of 0.69.

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.