XP Power (LON:XPP) Sets New 1-Year Low – Here’s Why

XP Power Limited (LON:XPP)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 861 ($11.12) and last traded at GBX 860 ($11.10), with a volume of 8792 shares. The stock had previously closed at GBX 890 ($11.49).

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of XP Power from GBX 1,325 ($17.11) to GBX 990 ($12.78) and set a “hold” rating for the company in a research note on Friday, March 7th.

XP Power Stock Down 6.2 %

The company has a market capitalization of £195.24 million, a price-to-earnings ratio of -13.35, a P/E/G ratio of 0.44 and a beta of 1.48. The business’s 50-day moving average is GBX 1,127 and its 200-day moving average is GBX 1,240.52. The company has a quick ratio of 0.69, a current ratio of 1.87 and a debt-to-equity ratio of 110.81.

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.