XP Power (LON:XPP) Sets New 1-Year Low – Here’s Why

Shares of XP Power Limited (LON:XPP) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 861 ($11.12) and last traded at GBX 860 ($11.10), with a volume of 8792 shares trading hands. The stock had previously closed at GBX 890 ($11.49).

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft cut their price objective on shares of XP Power from GBX 1,325 ($17.11) to GBX 990 ($12.78) and set a “hold” rating on the stock in a report on Friday, March 7th.

XP Power Stock Down 6.2 %

The company’s fifty day simple moving average is GBX 1,127 and its 200-day simple moving average is GBX 1,240.52. The company has a debt-to-equity ratio of 110.81, a current ratio of 1.87 and a quick ratio of 0.69. The firm has a market capitalization of £195.24 million, a PE ratio of -13.35, a price-to-earnings-growth ratio of 0.44 and a beta of 1.48.

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.