XP Power (LON:XPP) Insider Matthew Webb Sells 16,312 Shares of Stock

XP Power Limited (LON:XPP) insider Matthew Webb sold 16,312 shares of the business’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of GBX 2,023, for a total value of £329,991.76.

XP Power Trading Down 1.5%

Shares of XPP stock opened at GBX 2,010 on Tuesday. The business has a 50-day moving average of GBX 1,836.62 and a 200 day moving average of GBX 1,743.72. The company has a debt-to-equity ratio of 66.55, a current ratio of 1.48 and a quick ratio of 0.69. XP Power Limited has a 1-year low of GBX 849.23 and a 1-year high of GBX 2,160. The stock has a market capitalization of £563.44 million, a PE ratio of -64.42, a P/E/G ratio of 0.44 and a beta of 1.80.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Jefferies Financial Group raised shares of XP Power to a “buy” rating and set a GBX 2,330 price target for the company in a research report on Thursday, September 10th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 1,400 target price on shares of XP Power in a research note on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,974.50.

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. 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.