XPS Pensions Group (LON:XPS) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

XPS Pensions Group plc (LON:XPS) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 369.07 and traded as low as GBX 340.50. XPS Pensions Group shares last traded at GBX 341.50, with a volume of 179,672 shares traded.

Analyst Upgrades and Downgrades

Several analysts have issued reports on XPS shares. Berenberg Bank started coverage on XPS Pensions Group in a research note on Tuesday, September 9th. They issued a “buy” rating and a GBX 440 target price for the company. Shore Capital reaffirmed a “buy” rating and issued a GBX 420 target price on shares of XPS Pensions Group in a research note on Thursday, October 16th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 465 target price on shares of XPS Pensions Group in a research note on Wednesday, July 2nd. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 459 target price on shares of XPS Pensions Group in a research note on Wednesday. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 436.67.

XPS Pensions Group Stock Performance

The stock has a market cap of £686.13 million, a PE ratio of 24.53 and a beta of 0.57. The company has a debt-to-equity ratio of 17.52, a current ratio of 1.27 and a quick ratio of 1.51. The business has a 50 day moving average price of GBX 344.06 and a two-hundred day moving average price of GBX 369.07.

Insider Buying and Selling at XPS Pensions Group

In related news, insider Martin Sutherland acquired 11,658 shares of the company’s stock in a transaction dated Wednesday, October 1st. The stock was purchased at an average price of GBX 335 per share, with a total value of £39,054.30. Company insiders own 1.14% of the company’s stock.

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.