XP Power (LON:XPP) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Shares of XP Power Limited (LON:XPP) passed below its 200-day moving average during trading on Friday . The stock has a 200-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.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 1,950 ($24.57) price objective on shares of XP Power in a research note on Tuesday, August 6th.

XP Power Stock Performance

The firm’s 50-day moving average price is GBX 1,290.11 and its 200 day moving average price is GBX 1,368.20. The company has a market cap of £331.52 million, a price-to-earnings ratio of -1,866.67, a PEG ratio of 0.44 and a beta of 1.48. 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

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.