XP Power (LON:XPP) Sets New 1-Year High – Should You Buy?

XP Power Limited (LON:XPP)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 1,380 and last traded at GBX 1,366.45, with a volume of 31505 shares changing hands. The stock had previously closed at GBX 1,356.

Wall Street Analyst Weigh In

XPP has been the subject of several recent research reports. Shore Capital Group reissued a “buy” rating and issued a GBX 2,048 price target on shares of XP Power in a research note on Monday, January 19th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,500 price objective on shares of XP Power in a research note on Monday, January 19th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,512.67.

XP Power Trading Up 0.6%

The company has a quick ratio of 0.69, a current ratio of 1.87 and a debt-to-equity ratio of 110.81. The company has a market capitalization of £400.30 million, a PE ratio of -25.23, a price-to-earnings-growth ratio of 0.44 and a beta of 1.48. The stock’s fifty day moving average price is GBX 1,037.83 and its two-hundred day moving average price is GBX 975.78.

Insider Buying and Selling at XP Power

In other news, insider Gavin Griggs sold 3,002 shares of XP Power stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of GBX 904, for a total value of £27,138.08. Corporate insiders own 5.12% of the company’s stock.

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.