Insider Buying: XP Power (LON:XPP) Insider Buys £99,696.80 in Stock

XP Power Limited (LON:XPP) insider Jamie Pike acquired 7,496 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was acquired at an average price of GBX 1,330 per share, with a total value of £99,696.80.

XP Power Price Performance

XP Power stock opened at GBX 1,368 on Friday. XP Power Limited has a 52-week low of GBX 600 and a 52-week high of GBX 1,466. The firm has a market cap of £383.48 million, a PE ratio of -24.17, a price-to-earnings-growth ratio of 0.44 and a beta of 1.48. The company’s 50 day moving average is GBX 1,181.32 and its two-hundred day moving average is GBX 1,023.77. The company has a quick ratio of 0.69, a current ratio of 1.59 and a debt-to-equity ratio of 74.61.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Shore Capital Group reiterated a “buy” rating and issued a GBX 2,048 price objective on shares of XP Power in a report on Monday, January 19th. Berenberg Bank boosted their price objective on shares of XP Power from GBX 975 to GBX 1,400 and gave the stock a “buy” rating in a research note on Wednesday. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 1,724.

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. It also provides engineering services. The company serves healthcare, industrial technology, and semiconductor equipment manufacturing industries. XP Power Limited was founded in 1988 and is based in Singapore.