XPS Pensions Group (LON:XPS) Hits New 1-Year Low - Here's What Happened

Key Points

• XPS Pensions Group hit a new 52-week low, trading as low as GBX 282.50 and last at GBX 284 on volume of 3,593,214 shares (previous close GBX 293.50).
• Analysts remain positive: Royal Bank of Canada reiterated an Outperform with a GBX 465 target, and the consensus rating is Buy with an average price target of GBX 448.50.
• Insider Snehal Shah sold 50,000 shares at GBX 352 on Jan 16 (insiders own 1.11%), and the stock trades below its 50- and 200-day averages (GBX 324.75 and 335.78) despite a market cap of £575.6M and a PE of 23.66.

XPS Pensions Group plc (LON:XPS - Get Free Report) hit a new 52-week low during trading on Monday . The company traded as low as GBX 282.50 and last traded at GBX 284, with a volume of 3593214 shares changing hands. The stock had previously closed at GBX 293.50.

Analyst Ratings Changes

Separately, Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 465 price target on shares of XPS Pensions Group in a report on Monday, November 24th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of GBX 448.50.

XPS Pensions Group Stock Performance

The company has a debt-to-equity ratio of 53.02, a current ratio of 1.77 and a quick ratio of 1.51. The company has a market capitalization of £575.57 million, a PE ratio of 23.66 and a beta of 0.29. The firm's fifty day simple moving average is GBX 324.75 and its 200 day simple moving average is GBX 335.78.

Insider Activity

In other news, insider Snehal Shah sold 50,000 shares of the business's stock in a transaction dated Friday, January 16th. The stock was sold at an average price of GBX 352, for a total value of £176,000. 1.11% of the stock is currently owned by company insiders.

XPS Pensions Group Company Profile

XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,300 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 86 with assets over £1bn.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.