XP Power (LON:XPP) Reaches New 12-Month High – What’s Next?

XP Power Limited (LON:XPP)’s share price reached a new 52-week high during trading on Monday . The company traded as high as GBX 1,992.86 and last traded at GBX 1,973.41, with a volume of 2881 shares changing hands. The stock had previously closed at GBX 1,926.88.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on XPP shares. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 1,140 target price on shares of XP Power in a research note on Friday, April 24th. Shore Capital Group reissued a “buy” rating on shares of XP Power in a report on Thursday, April 23rd. Finally, Berenberg Bank upped their price objective on shares of XP Power from GBX 1,500 to GBX 2,120 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, XP Power currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,769.33.

XP Power Trading Up 2.4%

The company has a fifty day moving average of GBX 1,684.21 and a 200-day moving average of GBX 1,327.36. The company has a current ratio of 1.59, a quick ratio of 0.69 and a debt-to-equity ratio of 74.61. The company has a market capitalization of £553.19 million, a price-to-earnings ratio of -46.99, a PEG ratio of 0.44 and a beta of 1.81.

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. 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.