XP Power (LON:XPP) Insider Buys £20,240.40 in Stock

XP Power Limited (LON:XPP) insider Charlotta Ginman acquired 1,515 shares of XP Power stock in a transaction dated Tuesday, March 3rd. The shares were bought at an average price of GBX 1,336 per share, for a total transaction of £20,240.40.

XP Power Price Performance

Shares of LON:XPP opened at GBX 1,368 on Friday. The firm has a market cap of £383.48 million, a price-to-earnings ratio of -24.17, a P/E/G ratio of 0.44 and a beta of 1.48. The firm has a fifty day moving average price of GBX 1,181.32 and a 200 day moving average price of GBX 1,023.77. XP Power Limited has a fifty-two week low of GBX 600 and a fifty-two week high of GBX 1,466. The company has a debt-to-equity ratio of 74.61, a quick ratio of 0.69 and a current ratio of 1.59.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Shore Capital Group restated a “buy” rating and set a GBX 2,048 price objective on shares of XP Power in a research report on Monday, January 19th. Berenberg Bank lifted their target price on XP Power from GBX 975 to GBX 1,400 and gave the stock a “buy” rating in a report on Wednesday. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, XP Power currently has an average rating of “Buy” and an average target price of GBX 1,724.

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.