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XP Power (LON:XPP) Share Price Passes Below 200 Day Moving Average - Here's Why

XP Power logo with Industrials background

Shares of XP Power Limited (LON:XPP - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,368.20 ($17.24) and traded as low as GBX 1,308.65 ($16.49). XP Power shares last traded at GBX 1,400 ($17.64), with a volume of 13,168 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 1,950 ($24.57) price target on shares of XP Power in a report on Tuesday, August 6th.

Read Our Latest Stock Analysis on XP Power

XP Power Stock Up 0.4 %

The stock has a market capitalization of £331.52 million, a price-to-earnings ratio of -1,866.67, a P/E/G ratio of 0.44 and a beta of 1.48. The firm's fifty day simple moving average is GBX 1,290.63 and its 200 day simple moving average is GBX 1,368.42. The company has a debt-to-equity ratio of 110.24, a quick ratio of 0.69 and a current ratio of 1.87.

About XP Power

(Get Free Report)

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.

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