XP Power (LON:XPP) Stock Price Crosses Above 200-Day Moving Average - Should You Sell?

Key Points

• XP Power shares have surpassed their 200-day moving average of GBX 839.53, reaching a high of GBX 974 during trading.
• Berenberg Bank has cut their price target for XP Power from GBX 1,700 to GBX 1,500 while maintaining a "buy" rating.
• The current market cap of XP Power is £269.67 million, with a significant debt-to-equity ratio of 110.81 and a consensus rating of "Moderate Buy" from analysts.

XP Power Limited (LON:XPP - Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 839.53 ($11.25) and traded as high as GBX 974 ($13.05). XP Power shares last traded at GBX 962 ($12.89), with a volume of 9,218 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank cut their price target on shares of XP Power from GBX 1,700 to GBX 1,500 and set a "buy" rating for the company in a research report on Friday, August 15th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of GBX 1,245.

XP Power Stock Down 1.8%

The firm has a market cap of £269.67 million, a P/E ratio of -1,699.65, a P/E/G 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. The stock's 50 day simple moving average is GBX 911.62 and its two-hundred day simple moving average is GBX 839.53.

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.

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