XP Power (LON:XPP) Insider Sells £27,138.08 in Stock

XP Power Limited (LON:XPP) insider Gavin Griggs sold 3,002 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of GBX 904, for a total transaction of £27,138.08.

XP Power Stock Performance

Shares of XPP opened at GBX 900 on Friday. The company has a market capitalization of £252.29 million, a PE ratio of -15.90, a price-to-earnings-growth ratio of 0.44 and a beta of 1.48. The company has a debt-to-equity ratio of 110.81, a current ratio of 1.87 and a quick ratio of 0.69. XP Power Limited has a one year low of GBX 600 and a one year high of GBX 1,396. The company’s fifty day moving average price is GBX 956.63 and its 200 day moving average price is GBX 926.52.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and set a GBX 1,500 target price on shares of XP Power in a research note on Wednesday, October 22nd. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,245.

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.