XP Power (OTCMKTS:XPPLF) Stock Price Up 11% – Here’s Why

XP Power Limited (OTCMKTS:XPPLFGet Free Report) rose 11% during mid-day trading on Tuesday . The company traded as high as $26.85 and last traded at $26.85. Approximately 400 shares changed hands during mid-day trading, an increase of 14% from the average daily volume of 350 shares. The stock had previously closed at $24.20.

Analysts Set New Price Targets

Separately, Jefferies Financial Group raised shares of XP Power from a “hold” rating to a “buy” rating in a research note on Thursday, September 10th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy”.

Check Out Our Latest Report on XP Power

XP Power Stock Performance

The stock’s 50-day moving average is $26.71 and its 200-day moving average is $21.79.

About XP Power

(Get Free Report)

XP Power Ltd is a provider of critical power control systems and solutions, offering a comprehensive range of power conversion products to industrial and technology markets. Founded in 1988, the company has built a reputation for high-reliability AC-DC and DC-DC power supplies, high-voltage modules and custom power systems. XP Power serves applications in semiconductor manufacturing, medical equipment, laser and analytical instrumentation, telecommunications and other capital-intensive sectors that demand precise, stable power delivery.

The company’s product portfolio includes standard and configurable AC-DC power supplies, DC-DC converters, programmable high-voltage power supplies and embedded power modules.

Further Reading

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