XPS Pensions Group (LON:XPS) Reaches New 12-Month Low – Here’s Why

Shares of XPS Pensions Group plc (LON:XPS) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 301 and last traded at GBX 301.50, with a volume of 25252 shares trading hands. The stock had previously closed at GBX 308.88.

Analyst Ratings Changes

Several research analysts have recently weighed in on XPS shares. Canaccord Genuity Group boosted their price objective on shares of XPS Pensions Group from GBX 459 to GBX 469 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 465 price target on shares of XPS Pensions Group in a report on Monday, November 24th. Finally, Shore Capital Group restated a “buy” rating and issued a GBX 420 price objective on shares of XPS Pensions Group in a research note on Thursday, November 20th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of GBX 448.50.

XPS Pensions Group Trading Up 0.2%

The company has a market cap of £630.77 million, a price-to-earnings ratio of 25.92 and a beta of 0.34. The company has a current ratio of 1.77, a quick ratio of 1.51 and a debt-to-equity ratio of 53.02. The business’s 50 day moving average price is GBX 333.74 and its 200-day moving average price is GBX 340.46.

Insider Activity

In other news, insider Snehal Shah sold 50,000 shares of the stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of GBX 352, for a total transaction of £176,000. 1.11% of the stock is currently owned by corporate insiders.

About XPS Pensions Group

XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,300 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 86 with assets over £1bn.